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


To: Malcolm Thomas who wrote (53377)12/30/1998 12:36:00 AM
From: Malcolm Thomas  Read Replies (1) | Respond to of 55532
 
SEC WARNING to online investors

Online bulletin boards – whether newsgroups, usenet, or web-based bulletin boards – have become an increasingly popular forum for investors to share information. Bulletin boards typically feature "threads" made up of numerous messages on various investment opportunities.

While some messages may be true, many turn out to be bogus – or even scams. Fraudsters often pump up a company or pretend to reveal "inside" information about upcoming announcements, new products, or lucrative contracts.

Also, you never know for certain who you're dealing with – or whether they're credible – because many bulletin boards allow users to hide their identity behind multiple aliases. People claiming to be unbiased observers who've carefully researched the company may actually be company insiders, large shareholders, or paid promoters. A single person can easily create the illusion of widespread interest in a small, thinly-traded stock by posting a series of messages under various aliases.




To: Malcolm Thomas who wrote (53377)12/30/1998 5:14:00 AM
From: zonkie  Read Replies (1) | Respond to of 55532
 
I went through the same thing with a little oil company called oilex. It taught me a lot and I haven't got taken since. I pity the people that fall for hype jobs one right after the other.

z........



To: Malcolm Thomas who wrote (53377)12/31/1998 8:06:00 AM
From: Skeeter Bug  Respond to of 55532
 
>>I hope I can share my errors as advice to future novice
investors and keep there greed from overriding common sense..<<

you can't. we tried it here. we were vilified as evil shorters. we were called nays. we were scoffed at and told we didn't have a clue. try and share your knowledge and your intent will be called into question...