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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?


To: PUHRTY who wrote (8899)10/25/1997 7:51:00 PM
From: Riley G  Read Replies (1) | Respond to of 55532
 
To all LONG RMIL shareholders.
I am not selling a single RMIL share until we go over $50 per share. And then only 3% of my ORIGINAL position. This sell will be at approx. $ 52 5/8's for 865 shares. And the FOUNDATION of the CARTEL is in the SAME BOAT as I...Strength in NUMBERS and we are not selling out to anything lower than a beginning price of $50!!!
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Here's how I plan to sell my shares through a slow steady upward process. Others may want to model a slow steady sell after this. I have no control of how you do it. As in all investments, this is only a template!

Stock Price Sell percentage
xx-xx 3% to 5% of position (cover buy in and nice profit)
xx-xx another 5%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
================================================

It is a simple matter to replace the xxx-xxx's with the starting price ranges that you want to start selling off shares. This method does not flood the market with shares and allows the stock price to grow as you sell a little here and there. You don't have to sell them in a day, two, or a month. You just follow your own set selling plan.

I have said that I am not selling any shares until the mid. $50 to $65 range, and then about 865 shares of my position! I do not sell on even numbers, I have plans on selling at odd places like EXAMPLE....200 shares at $52.625, 300 shares at 58.125, 300 at $75, 400 at $93.25, 1000 at $125, 500 at $225etc........

Riley G