Bob,
Thank you for your response, it was very definitive and answered my question directly!
In reference to Iomega, though it moved boards in accordance with its' growth, did it ever meet the criteria you defined as a penny-stock? My interest, as of late, has been researching these kinds of companies. I have been using S.I. as a sort of educational tool and it has been quite enlightening to say the least. I am fascinated by what happened with Iomega and Presstek and , must admit, I have learned about these stocks, in relation to 'short squeezes', from the RMIL board.
It appears to me that there really is a short squeeze at RMIL and, though the company seems to be questionable to say the least, I do believe that it is being attacked by shortsellers and, as a spectator event, it has been quite entertaining and educational.
I , for one, do not have the risk tolerance these younger investors seem to possess, but I applaud there effort and thank them for revealing an area I was totally ignorant of before I read their board.
Thank You again!
RB |
