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


To: David R who wrote (27326)12/14/1997 10:26:00 PM
From: michael d kugler  Read Replies (1) | Respond to of 55532
 
There is a lot of one-sided propaganda being spewed on thise thread. To the casual lurker, there may appear to be a compelling case to buy this stock. I put out information, other than what the bulls here only want you to see. And there is a lot of it.

Unfortunataly, that has cast me in the role of naysayer. IMHO, I couldn't take any other postion, based on current management's track record and the facts.

Interestingly, very little of the information I have put out here is refuted, because it can't be. I like to get my information from the financials, and from actually making calls to as many of the players concerned here.

The company has made a lot of promises, and delivered on very few.

My personal opinion is that Following Riley's advice will continue to cost people a lot of money. No one who bought after August 20 is profitable, unless they have sold shares.



To: David R who wrote (27326)12/15/1997 7:56:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 55532
 
David,

I can't speak for Mike, but the way that I like to approach an issue is to attempt to analyze and tear it apart. Bringing in every opinion you can should be part of the analysis process so long as each person provides rational justification for their positions.
So while nobody invited the nays to this thread, the frenzy of yea activity merely brought forth the naysayer that lurks within all of us.

Open analysis is what is lacking here on the RMIL thread. You all are relying on management's word even when Mike K. brings up very logical and potentially damaging information. You are all relying on a, yet to occur, short squeeze even though you apparently have close to the entire float tied up in certificate form. Yet all warning signs are simply ignored.

Ignore rudimentary fundamentals at your own risk.

And while all company managers are likely guilty of "stretching" the truth, such as seems to be the case with the "equity/debt" funding, a CEO that lies to you about material events, such as the status of current operations in Nicaragua or Ten Sleep, has violated a trust.

David, spend your energy making your company's management perform and there won't be any reason for naysayers to be out here.

Regards,

Ron