Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) Message Board

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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)

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To: Candle stick who wrote (10836)	10/31/1997 3:11:00 PM
From: Pugs	Read Replies (1) of 55532

Candle, You buy a share for $X, but never request your certificate. You're betting the value of the share will increase before you sell. Since you never requested your certificate, it is in street name somewhere and can be shorted. Since your share is in street name, one can play off it, shorting it, betting the value will decrease. If you sell your share and the value increased, the 'short' must cover. If the short sees your share value decrease , and the certificate is in street name, he can cover. If the short doesn't cover when the share price increases and you redeem the share, the MM who shorted the share is responsible., Pugs

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