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: Deeber who wrote (27497)	12/15/1997 1:57:00 PM
From: Riley G	Read Replies (1) of 55532

Looks like you are committing SLANDER again. I have never said what you claim! First off. Complaints to regulatory agencies haven't stopped the practice of undeclared short selling. However, one way companies can protect themselves is to recommend to shareholders that they take physical delivery of their stock certificates. When physical delivery of stock certificates is demanded by a significant number of shareholders, the creators of nonexistent stock can be squeezed. The short sellers won't have stock certificates to deliver and thus they will cause losses for them and will cause them to move their undeclared short activities elsewhere. -------- The present special situation may have to do with the above comments and has nothing to do with Type 1 or Type 2 (cash/margin) accounts. We are not talking about legal shorting we are talking about blatant selling on nonexistent shares to flood the market. Thus keeping the price of a stock down and to terminal short it at the same time. If a terminal short is made (stock value = $0) then the shorts or market makers never have to worry about coving their shorts or extra shares that they flooded the market with. This is why every shareholder must demand delivery of their certificates! Riley G --- To: Pugs (27495 ) From: Ryan Goldstein Monday, Dec 15 1997 1:31PM EST Reply # of 27509 The illegal part is the group of investors who join together to manipulate the price of a stock upwards. My "Cartel" is going to buy 1 million shares at the open that will drive the stock up causing more buying from Internet opportunists, then we sell off out shares and leave the others holding the bag on the way down. Oh, that is legal I guess. If done in PRIVATE it may be fine, but all this nonsense on a public forum is not legal. Nothing will happen probably, SEC has better things to do with their time. Ryan

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