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


To: Ellen who wrote (17772)11/14/1997 12:06:00 AM
From: TopCat  Read Replies (1) | Respond to of 55532
 
Ellen,

There might be another (more simple) explanation. You said, in response to Joey.

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To: joseph krinsky (17687 )
From: Ellen G. Thursday, Nov 13 1997 11:53PM EST
Reply #17772 of 17781

does anyone know why the vol. was so low today

Guessing here...but it would seem the MM's don't want to short any more than what's already out there (naked shorts), buyers (at least here on the thread) are tapped out, in sort of a holding pattern. Make sense?

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Alternative reason:

The 'longs' on this stock are not yet convinced that the sky is not the limit. They don't sell. Those 'thinking about/waiting to' buy are not yet convinced that there is anything here but air. They don't buy. It's what they taught in ECON101 about 'supply and demand.'

That simple.

TC