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: Hawkmoon who wrote (21260)	11/24/1997 1:30:00 PM
From: Tom R. Clarksburg	Read Replies (3) of 55532

Mr. Reece, I have a question. You said: Remember the authorities, so far as I understand the law, can not forced a short seller to go out into the public market to buy their stock position back in order to cover. As far as I know, you are correct if you are talking about conventional shorts, that is shorts that borrow existing stock to sell. They can only be forced by the "economics" not by the SEC or NASD. However, if someone illegally shorts a stock without locating it and borrowing first, I believe the NASD must step in. After all, if you have bought a stock and are asking for your certificate...you do have the legally right to obtain your own certificate, so what happens??

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