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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)

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To: (Bob) Zumbrunnen who wrote (30404)12/26/1997 1:27:00 AM
From: KMT  Read Replies (1) of 55532
 
Bob:

I first started following OLPV when you and several others mentioned it on some other thread. It was just before the huge reverse split. I almost took a position then. I figured I'd wait a couple of days and see if I could get it cheaper then the reverse split happened out of nowhere.

That tells me that my negative suspicions about this company have not been confirmed by the market at large. If this company is a rat-hole (yes, it is my opinion that it is -- I don't maintain that my opinion is gospel, though), the length of time it has spent over $1.00 seems to me the most compelling argument to the contrary.

The only reason this stock is not pennies is because there's a modest group of investors that were utterly convinced a short squeeze is/was imminent. I personally cannot see why, but I've been wrong more than I've been right. If/when we start trading we'll see how many of them still believe it.

KMT
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