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


To: Paul Capozzoli who wrote (13434)11/5/1997 11:54:00 AM
From: Candle stick  Respond to of 55532
 
The merits of the company are meaningless and are irrelevant at this point. If the float
has been covered by shareholders calling in all the certificates , then they control the
company. If that is so, then they can force the shorts to cover. Problem is , they can
only cover if the certificate holders are willing to sell....sooooooooo.....they must
continue to raise the bid, day after day until the certificate holders sell. Thats it. The
shorts have stepped in a load of cow manure with RMIL and they are going to have to
pay up this time.

As you are well aware, most stocks trade above or below "fair value", and that term is
extremely subjective. As you also know, many stocks trade at ridiculous extremes due
to many other various reasons. Short squeezes are one of those reasons. I see no
reason why RMIL could not trade to 50 dollars or higher, if the shareholders hang on
to their certificates. You are now at their mercy, and from what I can gather they have
little to no mercy for short sellers. It's pointless to discuss merits of the company. It is
no longer a factor in share price. Best of luck to you, you will need it.........;^)



To: Paul Capozzoli who wrote (13434)11/5/1997 11:57:00 AM
From: mawork1  Read Replies (2) | Respond to of 55532
 
Call Casper Star-Tribune (307)266-0500, staff writer Tom Morton



To: Paul Capozzoli who wrote (13434)11/5/1997 12:00:00 PM
From: Typhoon  Read Replies (1) | Respond to of 55532
 
Paul, those comments by Mork are absolutely false. When it goes to court, he will plead ignorance and say that's what someone told him.