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


To: Malcolm Thomas who wrote (16609)11/11/1997 1:36:00 PM
From: Jeff Harrington  Read Replies (3) | Respond to of 55532
 
No, there are millions of "virtual" shares that they can trade and sell. The price will not rise until they have to buy our certificated shares. They do not have to do this until our brokers pressure the DTC to come through with our certs.



To: Malcolm Thomas who wrote (16609)11/11/1997 1:37:00 PM
From: Typhoon  Respond to of 55532
 
There was that nasty drop a few days back in which some shares were put back on the market, thus bringing up the inventory. As to what triggered the drop, I have my opinion, but can only speculate, and therefore will not say because I will have naysayers yelling at me demanding I back up something I cannot.



To: Malcolm Thomas who wrote (16609)11/11/1997 1:39:00 PM
From: Pugs  Read Replies (1) | Respond to of 55532
 
Mal', this is a pink-sheet! I also think the MM's know the merger announcement is comin' up fast!, Take dips as a GOOD THING!!!, Pugs



To: Malcolm Thomas who wrote (16609)11/11/1997 1:42:00 PM
From: Rich_1  Read Replies (2) | Respond to of 55532
 
Malcom, that's not true. If we are not getting the right amount of pressure applied to the MMs, which apparently we're not, then I would expect the MMs to do what they have to do to shake loose some shares before the going gets tough for them. Expect the price to drift downward by the MMs until they start to feel the heat.

Rich_1