To: Kurt N who wrote (24764 ) 12/8/1997 4:22:00 AM From: Mike Morgan Read Replies (1) | Respond to of 55532
Ask Typhoon if he isnt sorry he wouldnt listen to a ney's opinon on NPEC a few months ago at 20 cents, Now its in the 5 cent range and he isnt as bullish anymore. I suspect many of you here will be the same way. Hopefully you all will be smart enough after this to AVOID 99% of all otc bb stocks and all promoted stocks. I would NEVER buy a bb stock that didnt have a WHOLE lot of REAL assets,legitmate financials (ON TIME), solid value, credible management and usually insider buying. Sadly for the blindly bullish, RMIL has none of the above. But dont mind me. I've only been doing this (investing) for 17 years...right nearly half my life. I'm pretty sure I do more real due diligence before i buy a stock than ALL the longs here have done combined. Whats really a hoot is the "bullish no matter what business they are in" attitude and the total disreagrd for RMIL's current managements SERIOUS breaches of good faith and stewardship.(Not to mention the assets that dont exist) The squezze is always a few weeks away, Riley has not once questioned anything RMIL's morgan has EVER done despite his royally screwing them over on numerous occasions (For proof please read SEC fillings....its all there) I question EVERY move of EVERY company I own stock in. Its part critically analyzing my investments. Those of you that dont do that are throwing darts with a blindfold. Those that throw darts at bb issues get what I believe 95% of public investors in bb stocks get...the SHAFT ! Its your money people... but its ONLY money. Just DONT DRINK THE KOOL-AID !! You can always make more money. The kool-aid might be permanent. The point...think for yourselves. People individually rarely do totally moronic things, in groups...its the NORM ! RMIL is more than a group...its a CULT and its dangerous to your wallet ! My strongest SCAM ALERT goes out to RMIL shareholders. Mark my words...if RMIL is above $1 in one year I will publicly apolgize and admit i was wrong. But I see very little chance of that. In fact , if one of you (who seem to think shorting bb stocks is SO easy) were to hook me up I'd be so kind as to send you a copy of my confirm statement where I put my money where my mouth is. Surely one of you ought to be able to help me since you seem to think one can short a bb stock at the drop of a hat. I've been trying desparately for YEARS to find someone that'll let me. I've been quite succesful over the last 17 years investing 98% long. However, I'd happily sell ALL my longs for the ability to short bb stocks. I'm THAT confident of my ability to spot serious deficencies. With my long positions..I'm sometimes WRONG. To date, I've NEVER been wrong with a bb stock. (Alhough SEX did double before it crashed and burned and I had to indure told you so's who doubled their money on paper before losing it all ! (g) True story.