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


To: Deeber who wrote (26504)12/12/1997 9:35:00 AM
From: campe  Respond to of 55532
 
I believe a lot of the SMART traders in RMIL (the ones with the coolest heads) are the ones who have "free shares". I too find it hard to believe that folks who rode this up didn't cash out their initial investment and "are in the money" with the average share price still to be reached (< $1).

JMO



To: Deeber who wrote (26504)12/12/1997 9:38:00 AM
From: shades  Read Replies (2) | Respond to of 55532
 
Listen to yourself! "My price target is raised from $50 to $60..." Yep, I am a nay and a MM too I assume, right?? No, I just watched this stock FALL from $4 to $1, period. If I was a large holder, damn right I would be out. If I still thought there was a squeeze, I would buy back in later. Called SMART trading. Look it up.

Smart trading does let allow for EMOTION, how can you buy back in later when it goes from single digts to over 30 or 40 dollars in a day BAM just like that, you need to do some SMART DD and look at past squeeze issues and look at how prices changed OVERNIGHT! I will not risk missing a 20 dollar jump to save 2 dollars, the weak investor can.