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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: TideGlider who wrote (33481)1/5/1998 9:28:00 PM
From: michael d kugler  Read Replies (1) of 55532
 
In one of my first posts on this stock, I lamented that it was unfortunate Riley didn't pick a better company in which to start a short squeeze, citing the fact that fundamentals would ultimately determine and help Riley's cause.

With the admissions in the 8-K that there is very little left of this company, why would the shorts cover at all? If they're short, (and I don't believe there is a short anywhere near the magnitude described by Pugs and Riley), they have to be asking themselves how much is this stock really worth.

When it reaches its real value, which in my opinion is nowhere near what it traded at last, maybe the shorts will buy it back, and be whistling all the way to the bank IMHO.
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