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


To: MZUBOZ who wrote (26368)12/11/1997 10:40:00 PM
From: michael d kugler  Read Replies (1) | Respond to of 55532
 
MZUBOZ,

I have had your best interest at heart throughout this saga. I've posted information that even the trained professional government investigator was unable to get, or failed to post.

All of you have assured me that you knew exactly what you were doing and that you didn't need saving.

If I told you what I really think, even at this juncture, a bunch of people here would accuse me of trying to induce you all to do something. So I won't.

Look, I don't relish the thought of anyone losing money. I am truly sorry that it has come down to this. But the kind of charade we're seeing here can't last forever. I hope some people here have been able to benefit from the information I have posted here. I have, along with others, tried to give you the information which was not coming from anywhere else. And yes, this made my information "biased". You guys did a great job reporting what the company has told you. But I didn't see anyone really digging into what the company hasn't told you.

I have learned, along with many penny stock investors, that in this arena you must ask questions. You must try to talk to as many people as possible to get a larger flavor for what is really going on. I have seen SI produce some of the best DD, far outstripping what I have seen coming from overpaid analysts, who will tell you what is going on, right after it hits the Wall Street Journal. (Look at Oracle.)

But I didn't see a whole lot of the many other facets of this company ever discussed here, something which is very uncharacteristic of SI. That is part of what drew me here and keeps me here. One-sided propaganda is hardly what one expects to find on SI, for very long.

Have you noticed the number of people starting to doubt Riley? I believe it is for very good reason. He told us all how important his word was early on, and has been unable to demonstrate any true regard for his word, at least to me.

I have tried to show you how the numbers in the financials to not justify the squeeze. (the market has tended to confirm an analysis much different than Riley's) And how the company's inconsistancies could affect the fundamentals, if you had to be here long term.

I'll admit I have been a bit harsh. But I haven't exactly had a warm reception either.

There are important questions which must be answered now. Let's hope your fine company will come through with much needed detail of their ongoing operations. We haven't seen financials, something which is rarely a good sign. I certainly hope answers like spelling errors and language barriers are not too real.

Money is real. Let's see some!

I do hope you all have examined your individual risk tolerance for this kind investment. Risk only what you can afford to lose, and start the novenas. Large price swings are common in penny stocks. Most of the time penny stock prices find their true level.

And it will, ultimately, come down to fundamentals, something which I mentioned about 20,000 posts ago. Good luck to you.