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


To: Eric Maggard who wrote (30639)12/28/1997 1:07:00 AM
From: (Bob) Zumbrunnen  Respond to of 55532
 
I'm watching the price more closely than the volume. I've learned before that when it feels right to jump in, if I'm just patient and wait a couple more days, I can nearly nail the bottom. It likes to do a quick head fake north, drop back further, then head north for real. Trying to catch the latter. I think it's already done the fake and is in the middle of the drop. I think it'll be done soon. I've got a limit in at $3.50, but *might* have to raise it a tad.

Currently I'm sitting mostly in cash. It's being held back for FTEL, MXMX, and SYCR when the bottom shows up, to catch any super-cheap ARET shares, and, believe it or not, to buy RMIL if it soon proves to be a good investment.

A wonderful thing about SI is that if something really significant occurs (such as may happen here -- though I'm not optimistic), we tend to find out about it well before the market at large realizes what has happened.