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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: David R who wrote (10579)10/31/1997 2:03:00 AM
From: s martin  Read Replies (2) of 55532
 
Here's another rumor... big investors who couldn't get in Mon.. To: +Nikita (9439 )
From: +Riley G Monday, Oct 27 1997 6:35PM EST
Reply #9442 of 10587

Matty is pulling our legs on that one. The order would have never passed complaince, as the money was not in the account to pay for the 500 @ 1 15/16 (his own words). That's because RMIL is an OTC stock and the money needs to be in the account at the tradeing time, if not the trade is rejected before it can leave your brokers sytem. Now stocks that are not OTC are a different matter. I have bought $400k of stock and had to transfer the money to my accounts in the T+3 many times, as they are a different animal.

I now of several larger investors that were trying to get large somes transfered into their accounts today to start buying more RMIL, but could not do it in time. They will be awaiting to pounce on the RMIL stock very soon!
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