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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 (27109)12/13/1997 4:53:00 PM
From: michael d kugler  Read Replies (2) | Respond to of 55532
 
Pugs,

Please explain how a transaction at the bid is considered a buy, or a short, or MM manipulation. I just want to know how you made that determination.

And wouldn't the rise on Friday also be attributed to "walking up" by the MM's?



To: Pugs who wrote (27109)12/13/1997 5:14:00 PM
From: David R  Read Replies (2) | Respond to of 55532
 
RE: Maybe you can be more definitive about the co's 'manipulation'

The press release was likely issued to stop the bleeding on RMIL. That is manipulation of sorts. Not the kind that would bring legal trouble unless it were demonstrated to be part of a pattern of manipulation. To date, I have not made a claim that RMIL was a fraud, so don't think that I am implying ongoing manipulation.

Isn't that where IOMG was shorted to?

Again, try as I may, I can not see using Iomega as a model for RMIL. Iomega had a product on the shelves in 1994. They had name brand recongnition. And they had revenues. They had intellectual property and patents. They had cash flow. They had audited books. They had quarterly revenue reports (they had revenue). They had a work force that included many brilliant engineers (who brought us the Zip and Jazz drives). None of which RMIL enjoys at this point in time.



To: Pugs who wrote (27109)12/13/1997 9:08:00 PM
From: Skeeter Bug  Read Replies (2) | Respond to of 55532
 
pugs, please explain to all how losing 70% of your investment value in several weeks is "BULLISH?" please define bullish as i think you may have that confused with another word that includes "BULL."