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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: (Bob) Zumbrunnen who wrote (35418)1/10/1998 6:28:00 PM
From: michael d kugler  Read Replies (2) of 55532
 
This is apparently what has Pugs so riled up here:

<In my professional experience, I don't honestly think I have ever seen a stock open to the upside, the day a trading halt is lifted, but sometimes that is the best price you might see for a while. The rule 15C2-11 says anyone making a market in this stock must be reasonably assured that the financials are timely and accurate. Since no 10-K has been filed, I think you'll be hard pressed to find MM's who will do this. It is likely that if this trades on the BB, the bid/ask spread may be wider than you are used to. If it is relegated to the pink sheets, you will probably see the same phenomena there as well.>

Pugs may be upset because he is unable to produce a single example of a stock that went up when trading was resumed after an SEC halt.
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