SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hawkmoon who wrote (42413)2/24/1998 8:52:00 AM
From: Rich_1  Read Replies (2) of 55532
 
Ron, is it possible that there still was stock inventory when the price was as you said $4. If that is the case, then there would be no pressure whatsoever for MMs to refrain from continued illegal shorting. I mean, the best way to combat a rise in price when you are short and there's plenty of inventory is to short some more.

rich_1

Now the big problem you all have here with RMIL is that the Mmkrs don't have any inventory of RMIL stock, and it doesn't appear that any of you will loosen up any in the near future. So they have very little reason to trade this thing. And if there had been a short squeeze in play to the extent Riley claims, this stock would have been far higher in price than a mere $4.

Bookmark this so you don't feel compelled to ask something that has been explained several dozen times.

Regards,

Ron
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext