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

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To: KMT who wrote (28501)12/18/1997 10:47:00 AM
From: Joe Master  Read Replies (1) of 55532
 
Dear KMT,

You say some very thought provoking things and if what you attribute to Aloha is truly his words then I for once concurr with him as well. I think both your numbers and Riley's are extreme. Instead of the unknown holders (of which I was one at one time) holding an average of 13,000 or 450 I would guess that the number is a few thousand each. Remember if one holder had 50K it would throw your number out the window. I tend to think the average is about 3500-4500 and this would make the potential squeeze shares 0.8-1.0 million (approx). Again I have no solid evidence other than making educated guess with the information that is available. (But I do this kind of estimating every day.) All in all I like you post because it gives us a "bottom line" to compare to Riley's "top line" and as I stated I think the reality is 3500 - 4500 shares. Thus the squeeze can occur but I dont think (and never have) that the potential price can rise to the stratosphere. But $20-$25 could happen for a short while.

Joe
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