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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 (25675)12/10/1997 3:20:00 PM
From: Rich_1  Respond to of 55532
 
Riley, I bet most of the volume that we've been seeing is more than likely continued naked short selling. Think about it. Those that are heavily short need to have the stock price fall. With little buying until RMIL's upcoming news release, what a perfect opportunity for the shorts to cause a drop in price by adding to their short position. I mean, what's a few thousand more shares short when you are several million shares short already and in a losing battle.

Rich_1