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

To: Angel D who wrote (49607)	7/14/1998 11:12:00 AM
From: s martin	Read Replies (1) \| Respond to of 55532

I never saw your response to TLWatson's post in answer to your assertion that you only bought RMIL based on his TA. I believe he has demonstrated that a person who followed his TA would have sold prior to the halt. Comments ? To: +Angel D (49229 ) From: +TLWatson59 Wednesday, Jul 8 1998 8:43PM ET Reply # of 49610 Angel D - Congratulations! With this post, you qualify for charter membership in the Bull Crap Artists Association of Ovis/ RMIL yeas. Your first post in January, 1998 (read it below) revealed your real reason for owning RMIL shares and it could not have had anything to do with any TA I posted, especially after my dire warnings about being long this piece of garbage in December, 1997. Read the posts. They may refresh your memory and point out how stupid you really must be to still be defending this fiasco. To: DJ Byrne (37025 ) From: Angel D Friday, Jan 16 1998 1:26AM ET Reply # of 49295 For the soldiers who have fallen, there will be others to take their places, armed with our certs and ready to do battle until the end. To: TLWatson59 (23769 ) From: TLWatson59 Friday, Dec 5 1997 9:46AM ET Reply # of 49295 Good Morning ALL: TA 12/5/97 RMIL - There is definitely a battle of the trendlines building up. At present the last viable long term uptrend line connected at Wednesday's low point. Yesterday's respect rally, if you can call it that with such puny volume, was not that impressive. Time appears to be running out for any appreciable upside move over the near term, without any concrete news. Perhaps it is just a trading maneuver to wait out the straggling tax loss sellers and ploy to gather in some last minute cheap stock. I certainly hope so because the chart pattern is indicating potential disaster should the price fall below 1.50 with any appreciable volume. Technically it would not be surprising to see the stock fall back to the .40 - .50 price range. Fundementally, the consistant postponement of releasing the financial figures for the last reporting period along with what are now antiquated 10K 1997 year end numbers does raise some very serious questions. Unless I am completely crazy, none of those numbers can be influenced in any shape or manner by the proposed merger. Like it or not the merger is still in the proposal stage since an actual transfer of funds has not been made. This is not to say that it won't be made but legally RMCW and Olympus, the latter now operating under the name Rocky Mountain International are still two very separate and distinct business entities. The only way that could not be would mean that the papers have been siigned, the money has been exchanged under whatever conditions the merger called for but the shareholders for whatever reason have not yet been told. In any event, my best wishes for success to you all and may the coming Holiday Seasons bring you all joy anf peace. TLW To: Pugs (25117 ) From: TLWatson59 Tuesday, Dec 9 1997 9:25AM ET Reply # of 49296 PUGS and ALL: Bonjour! TA - RMIL 12/9/97 - The most apt description of the past few days of the technical behavior of RMIL IMO would be marking time in place or as PUGS might say bobbing and weaving with a feint here and there. Althought the volume has dried up significantly the target of the recent 1 5/8 low is still there. Perhaps it might be wise for those who have talked with the company about the expected financing might do themselves a favor and not comment since you set up straw men for others to knock down. Better the news ,if it is coming, comes out on it's own officially. Today's Wall Street Journal has an important article on the NASDAQ'S intention to delist some 3400 small cap stocks and look into the feasablilty enabling of better supervision over the BB market. We all could sure use that. As ever, plus bon chance mes amis. TL To: TLWatson59 (25762 ) From: TLWatson59 Thursday, Dec 11 1997 11:40AM ET Reply # of 49296 TO ALL: My most profound apologies for this late arrival. AOL greeted me this morning with some garbage about not being able to recognize the SI URL and it took quite a while to reestablish contact. I will also apologize for what I believe will be a rather lengthy comment and opinion. I ask that all of you take what I say first and foremost as not having any personal bias to or against any poster on this thread or his or her position with regard to the merits or lack thereof of RMIL. First as promised the last TA for RMIL - 12/11/97: Sadly what my technical work has been indicating for sometime seems to be coming to pass. Ever since the last run up to 3.75 following the news of the pending cash infusion the technical chart pattern showed nothing but extreme deterioration. The upside breakout including a gap opening and expanded volume on the move up normally portends a continuation of that move, especially since it also took place with an accompanying breaking of a strategic downtrend line. The return to a price level below that breakout point and the ensuing severe decline in trading volume was the first indication that that move was not what it seemed to be. The continued attack on the key support levels on an almost dailiy basis and then the subsequent downside penetration of the 1.625 level was another confirmation of the technical weakness that had developed. With today's action the stock is simply confirming that technical weakness. If volume would pick up substantially on the downside we could experience a climactic selling day and perhaps see the opportunity for a reverse rally to back over 1.50. Keep in mind however that the trading that took place between $1 and $2 and techically was classified as a support level now becomes a supply level on any rally. If a climax selling day is not reached soon the stock will most likely continue its day to day drift downward and may return to below .50. That said and done let's look at my personal feelings about what many seem to think doesn't count. That is the fundemental picture. For those who have been following my many discourses on this thread, you may recall tha early on after I sold out my position, I voiced my concerns about the validity of many of the claims made by way of PR news releases. To say that I was severely chastised by many of you would be to put it mildly. The desire to protect one's own interests is not only natural but completely defensible. Even if the remarks were openly hostile I chose not to take them personally. Lest anyone think that it was a remark or comment by them that is leading me to leave the thread rest assured that has no bearing on this decision. I know full well that what I am about to say will be taken by some as one individual's personal opinion, by others as an attack on their financial interests and by others as a put down on their intelligence. I say nothing with the intention of hurting anyone but only express what almost half a century of involvement in the securities business has taught me and certainly not with the intent to declare it absolutely correct and that any contrary opinion is absolutely wrong. I have learned much by reading the SI threads and this is one old dog who is always willing to learn new tricks, providing they are really new. At the outset of the discussion about a short squeeze maneuver by a group of frustrated shareholders who were tired of MM manipulation and misbehavior, I was certainly intrigued by the concept of calling in certificates and forcing short covering. In addition, there were news releases by the management of OVIS that supported the action of the group that chose to call itself the "cartel." However, when in using my professional training and background to investigate the scenario that was being presented , I came up with little credible evidence of what was presented as fact as being so. As time passed, the story changed. As dates emerged from the company they passed without the information promised being published. As new dates given were approached new tactics appeared which were then cited as reasons for additional delay. Those of you who are willing to accept these reasons or excuses are putting your money where your mouth is and you will, if you turn out to be right, and I fervantly hope you are, be beneficiaries of great financial gain. Should you turn out to have misplaced your confidence in Morgan, Bretton, Riley and OVIS/RMIL I gain no satisifaction from having my thinking prevail. In closing, as ever I wish nothing but success for you all and may the forthcoming Holiday Season bring each and every one of you all the best. I thank those of you who bring words of praise for whatever I may or may not have contibuted to the thread as well as to those who choose to disagree with my thinking or approach to investing. Bon Natale, Joyeux Noel, Felice Naivdad, Happy Hannukah and for later on Happy Ramadan. Talbot Lincoln Watson