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


To: Joe Master who wrote (54470)5/28/1999 2:42:00 PM
From: s martin  Respond to of 55532
 
Angel has never been the brightest bulb in the chandelier, in fact he may be the ONLY person you'll find who still believes that Riley didn't know the RMIL was a scam.



To: Joe Master who wrote (54470)5/29/1999 9:34:00 AM
From: Angel D  Read Replies (2) | Respond to of 55532
 
Joe,

I guess one can put any kind of "spin" on anything they want to. Now, you're bringing in a "weighting" factor.

"And to say you would have invested in any stock an amount equal to RMIL at Riley's advice is clearly misleading."

You're correct there, but not the way you meant it. To say that I would have ever done anything, let alone invest money, "at Riley's advice" is putting words in my mouth and is clearly misleading. I have never invested in any stock, including RMIL, "at Riley's advice".

Unlike some unfortunate folks who get carried away with thoughts of riches, before I buy a stock I consider the risk/reward factors, the upside and the downside. No matter what the upside promises, I never invest more than I can afford to lose should the maximum downside occur. This is particularly true when I consider OTC stocks.

With that in mind, your suggestion of how I would have invested is presumtuous and self-serving to your argument. Assuming that I had $25K to invest, I might very well have put only $5K into RMIL and $20K into WCOM@ 21, another of Riley's picks at the time. Or, there may have been any number of other combinations.

The point is that I wouldn't have done anything "at Riley's advice". Sure, he may have brought my attention to certain stocks, but then it's up to me to make a decision based upon my personal criteria. BTW, I've stated here several times that RMIL was not about the money for me. (I wouldn't have turned it down, though. <G>)

I don't really care to be put in a position of defending Riley and/or Pugs. They are both quite capable of doing that themselves. However, I don't like seeing attention being drawn away from the real culprits in this matter, Gary and Roland. That's where I feel the focus should be. If you feel that Riley and/or Pugs are capable of harming more investors, then I think you should devote your attention to stocks which are trading. I don't know that anything could ever be proven one way or the other about RMIL and them. To continually hammer away at them on this thread only takes the focus away from those who we know are guilty.

As your pal, "s", says, I'm only a 4 watt nite light on a chandelier full of blazing 100 watter's, outshone by their brilliance. However, the little 4 watt generally endures about 5X longer than the "big bulbs" which are soon consumed by their own blaze. I wish all that bright light, before it burns out, could be turned toward those who really should be made to pay.

Have a great holiday week-end! Take care of those twins. <G>

Regards,

AD