To: MY OPINION who wrote (29601 ) 12/22/1997 10:40:00 PM From: Peter V Read Replies (2) | Respond to
I've been watching this stock and this thread since OVIS was $1.00 (the first time). I even made some money off the stock several months ago. But for some time now I've been concerned that the cartel has not produced the desired results. I was also concerned that Olympus Ventures was taking over (by merger) RMIL, but then abandoned the Olympus Ventures name in favor of RMIL - something didn't smell right.
Now the stock has been halted and the nays are having a field day. I don't side with the nays, I'm just watching here.
But for an investor, any investor, to say he'd rather lose his entire investment than side with people who were trying to warn him, for his own good, that the stock was in serious trouble, ought to have his head examined. You invest in the market to make money, not to follow some idealized fantasy into bankruptcy. This is not the charge of the light brigade. No one will write a poem about the group of gallant investors that rode a stock into the ground.
I do not know what will happen with this stock in 1998. Right now, it does not look good. For the RMIL investors, I hope you do not lose more than you can afford, in fact I hope you are vindicated. But I would not bet on that now.
WHat I hope all investors do, not just RMIL investors, is listen to both sides, and think critically about the information presented. You have had the good fortune on this thread to have the yays and the nays. Even though some of the exchanges have been less than friendly, both sides were presented. It is up to the individual to sift through the conflicting info, and do his/her own research, to determine who is presenting the better argument. Don't automatically assume that because someone is a jerk that they are also wrong.
Best of luck to all involved. Happy Holidays.
