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


To: Rich_1 who wrote (31158)12/29/1997 10:48:00 AM
From: Zeev Hed  Read Replies (2) | Respond to of 55532
 
Rich, actually, it is not so much the volume of potential profits from RMIL that helped me in selecting the few, but another criterion was an estimate of the degree of risk aversion some of the posters have. You seemed to have a strong constitution and ability to wait out adversity, a required predisposition in new ventures.

I have no idea what the outcome will be for RMIL shares holders, SEC halt rarely are positive, but their might be exceptions. I know from my experience as a "bagholder" in GRNO that for the time being, the halt was not beneficial. But, I have a strong comnstitution as well, so I more than doubled my position in GRNO soemtime after the stock resumed trading. This must mean that I believe an SEC halt could sometime be just a temporary problem which creates unusual opportunities, not necessarily the absolute kiss of death.

Have a happy new year.

Zeev