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


To: MY OPINION who wrote (49427)7/11/1998 1:22:00 AM
From: Hawkmoon  Read Replies (3) | Respond to of 55532
 
I think the appropriate term is "consideration" under Section 17(b) of the securities act of 1933.

What we all have here when looking at trading halts and SEC investigations is an expensive education in the finer nuances of securities law and the operation of the overall stock market.

Lessons are here to be learned. That is why I have over 20 differenct threads bookmarked. There are some very intelligent people here on SI and each of us should be open to sharing their knowledge and insight.

And again, the issue for me is to preserve the integrity of the internet as a useful tool for diligence and information sharing. Too many regulators seem to feel that the internet has only added to their workload and many of them aren't quite comfortable with it yet.
Things they don't understand, they fear.

Yet the internet provides a self-regulatory capability as well as others dispute and debate each other's perspectives with the appropriate evidence to back it up.

I want to see that preserved regardless of who is discussing a stock, myself, or someone else.

Btw....., "Riley"??.... make sure you send this one to SENFORCE@aol.com as well.

Regards,

Ron



To: MY OPINION who wrote (49427)7/11/1998 1:37:00 AM
From: Just My Opinion  Read Replies (1) | Respond to of 55532
 
Daddy: That was a good news article you posted about the internet.
I have a feeling that in the coming years, there will be a lot more legal actions taken against people who use these boards.
IMO, people have gone way overboard with what they are saying on them.
(I am not talking pain old insults, they generally only hurt people's pride IMO, and they are usually funny, anyway)
IMO the only way to bring some kind of restraint, will be (it seems,unfortuately) to resort to the courts.
I would like to see the SEC start to look at the daytraders activities, myself.
I have nothing against daytrading per se, but I am concerned about it as it pertains to the abuses I see on the internet.
I believe that people who daytrade should be watched very carefully as to thier statements, because the idea of liking stock one day, then disliking it 15 minutes later, sure gives the appearance of blatant attempts at manipulation.
(obviously, I have exaggerated the time frame, to make it a little clearer as to what I think they are doing, but you knew that)