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

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To: Angel D who wrote (39016)1/28/1998 11:16:00 PM
From: David R  Read Replies (3) of 55532
 
Angel, with all due respect, my investment decisions are just that mine. Several months ago, we went throught the certs issue. I chose not to have mine delivered for several reasons. Problems with selling OTC penny stocks short not being the least of them. Iregardless, it is my money, and my choice. Capiche?

If you have split the world in to two groups, those who hold RMIL shares in cert form, and those who are part of the problem, then your thinking is a bit narrow.

Do you have any explanation as to why the date for receiving the $5m keeps getting pushed out with no explanation? Do you really think that RMIL will trade again with out the money? are you prepared to use your certs for wall paper, as that might be all that they are good for?

If the $5M does not arrive, then all holders of RMIL lose. Maybe, just maybe RMIL trading would resume regardless, but very doubtful. If trading did resume without the $5M, then would you be able to sell your stock before it hit bottom. I doubt your broker would let you sell short. If you are comfortable with your all-or-nothing position, then fine. However, each passing day makes the "nothing" outcome much more likely.

Maybe a little mustard would make those certs taste a little better :0
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