SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: s martin who wrote (20231)11/20/1997 12:39:00 AM
From: michael d kugler  Read Replies (2) of 55532
 
That is exactly what my caveat, so conveniently left off my original post by Mr Clarksburg, and reprinted over and over again by Riley says.

I'm not saying it happens every time, but in penny stocks, absolute liquidity is a must IMHO. Calling for your certificates is unnecessary if you really want to prevent people from borrowing to short. You can simply take them out of margin accounts, and if you're paranoid, give your broker a letter stating you do not want them borrowed. If they do, you have recourse. You can also have them transferred to safekeeping, which will allow you to sell them easily with a simple stock power.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News