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


To: michael d kugler who wrote (24593)12/8/1997 12:15:00 AM
From: MY OPINION  Read Replies (1) | Respond to of 55532
 
what did she say?



To: michael d kugler who wrote (24593)12/8/1997 12:21:00 AM
From: Pugs  Read Replies (2) | Respond to of 55532
 
Alex laughed at the article and said no one at the plant was interviewed for the article, call her to verify that....the article says alot of things....



To: michael d kugler who wrote (24593)12/8/1997 12:48:00 AM
From: Mike Morgan  Read Replies (7) | Respond to of 55532
 
I've been lurking here for quite some time. Just now spent the bux to join so I could post. I have to tell you that you and the few neys are the ONLY rational minds around here.
How ANYONE could belive ANYTHING Riley posts is beyond comprehension.
The mans says he's a physic for gods sake. They dont exist except in the minds of those that have a great desire to believe.
RMIL has a heckova record of DESTROYING shareholder value.
Reg s offerings and reverse splits are PROOF positive that management is only looking out for themselves at the expense of the shareholders.
The short theory is a joke. It hasnt and wont happen I dont believe.
Frankly I WISH i could find a way to short this stock. I belive
there is a LOT of money to be made on these "story" bb stocks with no substance.
Make no mistake sportsfans, there is NO SUBSTANCE to RMIL.
I'm sure I'll be called a short and that I work for Mork too.
They really have no other alternative but to attack those that use reason to arrive at investment decisions.
I really dont know whats going to happen here. I do know that
EVEN with a $10 infusion the true value of this company is LESS
than 50 cents per share.
I belive some folks will see jail time regarding this.
In my opinion, Riley G is being paid by someone to tout this stock while its being unloaded on unsuspecting neophytes. Neophyte is he ONLY word that describes anyone thats long this stock with more than
perhaps a days pay.
Unlike many here I dont have a hatred of shorts. I think they serve a useful function in the marketplace. I've shorted stocks (Sadly no bb issues otherwise I'd be quite wealthy right now) and I've made money and lost money. Companys like RMIL ARE shorted by market makers
but ONLY because there "aint nothing there". A 15-c-211 which market makers are required to have on file proves that.
I dont hate market makers and frankly dont understand those that do.
They are simply businessmen just like your grocer or computer reseller.
One thing that DOES tee me off is the lack of representation of custmers limit orders in them as well as the lack of the limit order protection rule. THESE in and of themselves are enough to keep most sophisticated investors away from bb issues. The fact that a majority
are semi-scams is another.
The longs here are VERY niave and sadly they will PAY for that
naivity with the loss of their $$.
Too bad people wont learn from the past. SEXI,MDGP,PELT,TMMI,TVIN
and many,many others that ended up costing novice investors much
$$. And its sad because EACH of them had many,many red flags just as
RMIL does.
I've watched and called in advance at least 3 dozen bb stocks that
went on to lose 50-100% of their value in short order. NEVER was I wrong in the long term. Now some will say money can be made. No question. But the vast majority of poorly capitalized bb stocks
with a history of management disregrad for shareholders end up going
belly up. Thats a fact.
Too bad these longs wont wake up and see this. Its THEIR money though.
Take Typhoon for example. He was so high on NPEC at 20 cents that he fought with anyone that suggested otherwise. Well last I checked it was around 5 cents and Typhoon has moved on to other bb stocks.
The really scary part is they keep looking for the instant riches that never materialize.
The $$ they lose is important, the sad thing is they wont even consider the fact that they could be wrong.
I'm long over 3 dozen stocks, I've got 17 year experience at investing in small caps and I've NEVER been half as confident about any stock as they longs here seem to be.
RMIL will NEVER see $50 per share, Never $20 per share, and in all probability never see $4 per share.
In the SEC doesnt halt this stock (I cant see how they wont)
it'll fall below 50 cents wihin a year. Thats my predication.
I'm a value investor. I wouldnt pay 20 cents a share for this stock.
Mangement integrity is not only in question, its a JOKE in my opinion.
BEWARE sportsfans....