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Microcap & Penny Stocks : Rocky Mountain Intl (OTC-RMIL) Short-Squeeze History

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To: Ellen who wrote (25)8/6/1998 8:27:00 AM
From: tonto  Read Replies (1) of 49
 
Ellen, this is the post I commented on, please note no mention of Palco. I understand how you could presume to believe the Palco negotiations were dropped for the party line reasons, but a call to Pat may provide you with additional direct insight.

To: +tonto (50729 )
From: +Ellen
Wednesday, Aug 5 1998 5:06AM ET
Reply # of 50938

>> Now the Wall Street Journal and Bloomberg are also dupes? I think not Dave. They have a very solid grasp of what goes on here and they have excellent reputations. <<

A very solid grasp of what goes on here...? If you are referring to SI in general...maybe. If you are referring to this particular stock...I seriously doubt it. It seems highly unlikely that they have read all the messages on all the related threads and really have that solid a grasp on what goes on here.

And I'm so sick of people using the word "hype" disparagingly when more than likely what people like you are referring to is better classified as "cheerleading" their stock or
merely saying positive things about their stock. I'm so tired of those who expect shareholders of any stock not to say anything good about it. That's a stupid stance.


Hype is bogus information or extremely exaggerated information, cheerleading is entirely a different thing. Hype is talking about after having done dd, how the stock has x value based on fundamentals, when there were no fundamentals. That in no way is cheerleading. In many circles it is considered lying and investors get hurt.

The SEC halted trading because of violations which had nothing to do with Palco. Fortunately for Pat, his life dream was not lost, he is not tied to RMIL and continues in operation.

As Roland said in the Wall Street Journal, the company has no money, this would have been terrible for Palco.

How would the deal have been good for Palco, knowing what we know now?

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