To: Pugs who wrote (39513 ) 2/1/1998 1:06:00 AM From: Mr. Dendro Read Replies (2) | Respond to
Pugs: You asked earlier why did I buy RMIL? Because I listened to Riley and you! I bought as the stock was running up, and the yays were saying it was going to the moon, pointing to Mork's antics as proof of a huge short position. At the time, I also thought OVIS was a company with a future, based on its optimistic press releases. As time went on, however, I became less and less convinced of a short squeeze. Why? For one thing, the price wnet to four dollars then dropped. Not what I would expect in a short squeeze. Second, the nays starting coming up with facts proving that the company was not everything it said it was. Over time, almost every thing the nays said proved true. A classic example is the web site, demonstrating that the modern bottling plant touted by RMCW was actually a small former veterniary clinic. The yays said it wasn't so, yet it proved to be so.
