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


To: Just My Opinion who wrote (36163)1/12/1998 5:04:00 PM
From: David R  Read Replies (1) | Respond to of 55532
 
Appologies, I connected the LOL with the BORL char that proceeded it.

As far as BORL, there was no panic selling, just some expected year-end profit taking stop-loss sells taking combined with the news about Visigenic acquisition. THose of us who understand the merger see BORL making a tremendous step forward as the leading provider of enterprise tools. Hence, we have a stock that can reasonably see 20 - 30 point gain over the next few years (all other things being equal). As such, I am happy to hold through the short term turmoil.

As far as RMIL, I can't see much room for middle ground. If your panic buy does not materalize, then the only likely scenario is a panic sell. After weighing the performance of RMIL's management, I do not see the former as likely, hence the latter is the only real option. That of course is one man's opinion. One who, by the way, happens to be an RMIL share holder.