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

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To: Riley G who wrote (28330)12/17/1997 1:47:00 PM
From: M Allen  Read Replies (1) of 55532
 
Riley,

I am not a NAY. I am a former long who was stopped out and now watching for the right time to rebuy. That is, if and when a squeeze actually starts.

You do have me confused though. You said "A call to the company to find out the number of reported shareholders from the latest DTC sheets revealed the number of individual investors in the RMIL market".

DTC reports do not show the number of shareholders. They show the brokerage firms that hold stock in street name, and the total number of shares held by each brokerage firm. There is no breakdown of the number of shareholders, only the number of brokerage firms. You can verify this by calling DTC at 212 709-1471.

Regardless, I was in this stock for only one reason, a pure gamble on a squeeze play. If the squeeze starts working I will definitely be buying back in.

Best to you,

Mike
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