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

To: Ditchdigger who wrote (26095)	12/11/1997 11:29:00 AM
From: Rich_1	Read Replies (1) \| Respond to of 55532

Ditch, my understanding is that Gary has confirmed the estimate. What this suggests to me that the float is closer to 2.1 million than it is to 2.5 million. Not only that , this would make sense because of the extreme difficulty many shareholders are having getting their certificates. It also explains the action in the stock price. Think about it. There will always be sellers as well as buyers. There are today, there were yesterday, there were last month. The rate of drop in the stock would seem to suggest more MM games being played. This makes perfect sense considering we have the float and then some. Don't forget about those 400,000 IRA shares. The squeeze does not happen over night. Don't forget, IOMEGA's squeeze did not happen over night. Rich_1