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

To: DJ Byrne who wrote (52657)	10/20/1998 10:56:00 PM
From: MY OPINION	Read Replies (1) \| Respond to of 55532

SI Inbox \| Folders Bookmarks \| People Hot \| New Subjects Options \| Profile Talk : $5 and Under : ALYA Cost cutting system via software as well as security \| Previous \| Next \| Respond \| Become a Member of Silicon Investor! To: DrMedina1 (1038 ) From: Dave Gore Friday, Jun 26 1998 2:50AM ET Reply # of 1913 WOULD LIKE TO SEE ALL SERIOUS "long" investors read and respond: I am posting this on a couple other threads, but not sure how much we want to publicize this...would like your suggestions first. Many of you here are very saavy. This is an issue that is killing the small investor ********* IMPORTANT READ FOR ALL LONG" INVESTORS ON SI: I wanted to ask you all something fundamentally important to ALL of us. It is pretty obvious that Market Makers are trashing good stocks and bad lately. It is brutal...I am sure you have noticed. Microcap 50 index is down 6 weeks in a row... some 14% LOOK HERE... a must read on MM Shorting tactics. It uses ALYA as an example but note how the MM's pump up to get maximum ASK PRICES when good news comes out, and drop the BID PRICE when things die down to panic investors into selling and picking up cheap shares to cover. They can make 20% or more each day by doing this on large amounts of shares. (please click on the link below and see the excellent post) NOTE: this is not only on really quality stocks like ALYA but hundreds of others every day; in fact it is much worse on most other stocks because long term investors are in ALYA who buy dips exchange2000.com ANOTHER MM TACTIC: Also, on most stocks, they are slowly walking down the Bid on small sells and in some cases "walking down the bid" on buying! They apparently feel that they can go short and get the share price down eventually to cover. This happened on MTEI recently with 3 to 1 buys over sells. On SGNC they held the B/A firm even with massive blocks of buying and good news, and then moved the Bid/Ask down 20% when things slowed down. It has stayed there and not recovered. ****** READ ON... THE BIG NEWS...massive scandal? I have been playing detective, forming alliances with others I trust with connections, and have even been interviewed by a reporter for the Wall St. Journal (along with others in DGIV) doing a story on BB stocks, MM manipulation, and PR firms that are even shorting companies they are representing! A MAJOR SCANDAL BREWING? Others whom I trust have stated that MM's are being paid by US Brokerage houses and big boys to work through Canadian Brokerage houses to short stocks, as shorting BB stocks is apparently allowed from Canada of US BB stocks. (NOTE: in the US, shorting is not allowed in non-marginable stocks under $5.00) YET ANOTHER MM TACTIC..."the STOCK DETECTIVE" MM's are lurking on most SI and YAHOO threads and looking for a ripe moment to hire shady firms like the "STOCK DETECTIVE" to discredit even some pretty decent stocks like DGIV, NUKE, and DCHT. See "STOCK DETECTIVE exposed below: SEE HERE...a MUST READ, especially the last 3/4 of the article referring to the shady workings of the Stock Detective, who itself is connected to AXESSS, a pink sheet stock of very dubious history. exchange2000.com PLAN OF ACTION: Just curious if you think there is any hope here? And an effective course of action. I suggest we all call our local SEC officials and implore them to look into this problem more seriously. I know they are overworked, and I know new regulations are coming in a few months (i.e all listed companies must be fully reporting) but we are being taken to the cleaners....NOW! I have already started calling SEC officials and my contact at the Wall St Journal...we must all do that, IMO. Of course finding great stocks, laying low, and holding long term is the best strategy, but seemingly hard to organize people to do that. Any other ideas welcome! Dave PS-- a post suggesting how to deal with thread bashers: www3.techstocks.com ---------------------------------------------------------------------- Maybe Riley wasn't wrong after all? you be the judge.