steve, rmil is up 400% from july/august. that isn't "down" to me. as for getting kicked while down, i've been there and it wasn't fun. i'm not trying to make light of your situation.
obviously, you don't like me b/c we share a different viewpoint. please keep in mind that myself, mike, nor any other nay, control the stock price nor is it our intent to drop this stock price.
we all believe a stock will track its fundamental value over time. we all feel that some are representing that fundamental value as something that it is not. nothing would make me more happy than to see rmil sign many water contracts and clothes contracts for some big companies without killer dillution.
i have not seen anything that would indicate this is going to happen. that is my opinion.
does rmil affect me? if it is a pump and dump situation, as it very well may be, then it absolutely affects me and every other investors. the more pump and dumpers get away pumping and dumping the more they will do it.
i WISH there was a relentless mike kugler or smartin thrashing my investment with sexi. sure, it was fun dreaming about that contract with sprint. nope, i didn't like people reigning on my parade. a gentleman on si who calls himself "humble carl" popped in to thrash sexi from time to time (not often enough and he rarely gave specifics - i wish he did). i really didn't like him, but, he was right. now i appreciate his forsight.
he said that if you don't invest in pump and dump or other kinds of scams THEY WILL GO AWAY.
unfortunately, imho, rmil does business in a bad way. i highlight this.
i said rmil was a joke at $2.50. now it is $1.125. i said mu was a joke at $30, $40, $50, and $60. i was laughed at. now it is way overvalued at $24. everyone i told that mu was a joke hates me b/c they lost money on mu by ignoring what i felt was obvious.
i did everything i could to warn people of the dangers of paying a 60 pe for a company with collapsing pricing pressure and earnings. others said, nobody cares, just buy. now the longs have lost 60% of their investment and they don't like me being right even though i was giving them accurate information that they could have used to make a 7 bagger and a 12 bagger on puts like one likeminded poster did.
this game is "buyer beware." it isn't buy and then prove something is wrong like some longs have put forth.
my fa is very good. the problem with pennies is that the value of your analysis (your analysis is the only thing that differentiates the stock market from gambling) is often nil or negative. why? garbage in, garbage out.
the rmil story, and their is ALWAYS A STORY, has more holes in it that a sponge, imho. would be investors deserve both sides. rmil has to be held accountable for their actions. when you deal in bad business practices the investment community shouldn't roll over and die while these companies do whatever they want so others begin to believe they also can do it.
seriously, i wish you luck. as in all things, though, BUYER BEWARE. |
