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


To: Pugs who wrote (24391)12/7/1997 11:34:00 AM
From: michael d kugler  Respond to of 55532
 
Pugs,

I am curious as to where the information comes from saying Mork continues to short. It strikes me that this would be difficult to ascertain.

Sounds like another one of your "Aqua Vista" assumptions.



To: Pugs who wrote (24391)12/7/1997 12:05:00 PM
From: s martin  Read Replies (1) | Respond to of 55532
 
>>> If successful, Mork could sell a 200K position, 500 shares at a crack, thru-out a week, driving the stock down to less than a buck a share, causing much panic selling, and Mork never having to cover.<<<

Isn't what you just stated an example of the fact that a squeeze is not inevtiable? Isn't your contention that the last run up was due to short covering also an indication that there may not be as many shorts as Riley says there are? Could that be why the squeeze has failed to materialize so far?