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


To: Typhoon who wrote (20709)11/21/1997 2:07:00 PM
From: Just My Opinion  Read Replies (1) | Respond to of 55532
 
Ty: I fainted. al eom



To: Typhoon who wrote (20709)11/21/1997 5:16:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 55532
 
Typhoon,

What ticks me off is when someone mistates what I say and then threatens to barge into another stock thread as some type of revenge for what I'm saying out here.

I never stated that 144 stock is inherently bad, but that there are ways to get around it.

What no one seems to understand is that until this company becomes fulling reporting, it doesn't have any obligation to shareholders with regard to accountability.

RMIL has revealed a dismal history of management that everyone selectively ignores and a missing amount of what should be approx $9-10 million from the previous Reg S that none of you are concerned about.

But what really seems to be incredible is that you all think that you have the float bottled up, yet the stock price doesn't reflect this. You chewed through what should have been the "float" in the trading yesterday yet it barely rose .25/share, and it's down today.
Anyone who take the time trouble to read the GIFS thread from March/April will see the similiarties that have me concerned. Ie: claimed short position, concerted efforts to convinced shareholders to take delivery so as orchestrate a squeeze, big news of upcoming financial salvation. All of ended with the State of Tennesee raiding the company and the CEO fleeing to part unknown. Then the SEC stepped in and halted trading.

All of you think that taking possession of your certificates will force the squeeze, but what you may not understand is that if there are no shares available out to be traded since you all have them in your hot little hands, then there is no trading. MMkrs will be loath to go short themselves to fulfill orders to buy from the public unless they think the stock is not viable or will be halted which means that they likely won't have to cover their positions.

I'm not concerned about the folks out there who are just gambling with a little spare change that this company can put it together. I worry about the people who are betting that this is a sure thing and that they think an SEC trading halt/investigation will be their salvation. This is the furthest thing from the truth. And if any of you are putting substantial treasure at risk thinking that this stock is going substantially higher I believe you are likely just fooling yourselves.

But then again, I hope you're right. There is nothing that I despise more than those folks who short sell a company into nothingness. It's manipulative and anyone with enough dry powder can overwhelm any buying interest that may exist. If Mork is short, I hope he sucks wind. But then again, I also hope that RMIL management isn't involved in a manipulation of their own aimed at personally profiting and then leaving investors swaying in the breeze.

Regards,

Ron