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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?

To: Steve M who wrote (23654)	12/4/1997 9:47:00 AM
From: Riley G	Read Replies (1) \| Respond to of 55532

At 09:33 AM 12/4/97 -0500, you wrote: >I would like to propose a category of information that should be considered >an aspect of Due Diligence. I call it the "naysayer ratio". > >It should be used just like price volume ratios, price earnings ratios, >sales earnings ratios, gross/revenue ratios etc; each of which provide >important information about the stock. > >A ratio is essentially a comparison expressed in terms of a common denominator. > >You know what? There are some serious scams out there. Amazing scams. There >are companies that when you start to do D.D. you just grimace and move on. >There are companies that are so bad that I watch them just to see how bad a >bad company can do. Then there are those foreign companies that have no >volume for 3 months and then triple for 3 days and then go back to the same >price. Amazing stuff. CEOs in jail, Complex shell structures that sell stock >in one name and then convert assets to another name. scary stuff. I like the >companies that are oil exploration today, but tomorrow they are a restaurant >chain. They used to be a tourist agency. Thats weird. There's companies that >have offices full of empty liquor bottles and no paperwork or telephone >lines, companies that build houses that no one can find, make products that >no one has ever bought (or seen). There was even a company who's only asset >was a rented warehouse (empty) but their stock price climbed steadily! > >But these companies don't have as many nays as we do. That is to say they >have a low nay ratio. It will take some time to figure out exactly what the >significance of a high nay ratio is, but I'm getting the idea that all of >these nays have an agenda. Sort of a "Twilight Zone" feeling that they are >up to something besides providing objective D.D. 24 hours a day for 3 months. > >Objective DD like: Asia doesn't need bottled water, Mork isn't short, Ovis >doesn't make clothes, You'll never get a TA, Certs should take 4 months to >get, the Shorts didn't really try to steal ovis name, some reporter is an >objective source of info about RMIL, you should listen to the man who wants >to lower the stock price, you shouldn't be offended by fake news releases, >you should protect your investment by selling low, you should trust brokers >on SI... > >Oh yeah: all positive news about RMIL is fictional, all negative news is >fact - fair huh? > >There is no place on the internet where people who don't hold a stock do >nothing but research companies they never want to own. > >If anyone out there has let these nays influence your decision to buy or >hold this stock, you should e-mail the company and tell them what specific >comment or comments by a nay affected your decision. You should also now >wake up, smell the roses, and quit worrying about the spew that gets thrown >on SI.