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


To: Riley G who wrote (21122)11/23/1997 3:43:00 PM
From: Hawkmoon  Read Replies (2) | Respond to of 55532
 
Riley,

Don't you think that you likely have enough in certificate form at this moment to force a short squeeze??

Did I understand your figures correctly?? If so, then there should only be 165,000 shares out there to be traded. That's less than 10% of the outstanding shares isn't it??

You folks should know next week what's up if this stock doesn't start moving up. Remember if the mmkrs are naked short (which would be utterly stupid and criminal given the SEC's visit to the company, then they should start fighting with one another to capture whatever shares they can from the public (that's YOU folks!!). Thus, they would jack up the price before the other guys does.

But even then, you can't force the mmkrs to cover their short positions. It would likely be cheaper to pay the fine to the SEC. What would be the extent of the fine?? 3 times the money that they gained from illegally short-selling the stock in the first place.

Now where would that leave your short squeeze??

Again, your opinion Mr. Kugler since you are a broker?? Any other brokers out there care to comment?

Regards,

Ron



To: Riley G who wrote (21122)11/23/1997 4:23:00 PM
From: Pugs  Read Replies (4) | Respond to of 55532
 
Riley,All
On another thread, a very 'vocal' nay was found to be working for a P.R. firm to slam the co.
I have no idea if any of the 'nays' on this thread can be considered 'hired' to be here either. My 'personal' feelings on the subject is that , regardless of what Lucky posted here, there appears to be a very large 'illegal' short position in RMIL. Those short may have found it cost-efficent to hire the services of a P.R. firm themselves.
Admittingly, I am speculating. But, the guy who was found to be a 'hired-gun' also declared on the thread he had no position in the co. and spent an ungodly amount of time there w/ no position.
So...take everything a 'nay' says w/ a sack of salt!
Kugler, besides those 4 co.s I mentioned, I found another......DVBC!
Pugs