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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 (27169)12/14/1997 10:13:00 AM
From: Pugs  Read Replies (1) | Respond to of 55532
 
Subject: Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: Skeeter Bug (27153 )
From: Pugs Saturday, Dec 13 1997 10:33PM EST
Reply # of 27209
Skeeter Bug
As you know, we have 2MM certified shares of a @2.17MM float. We are
having great difficulty getting large positions certified. We possess
significantly more shares than the float.
The MM's were able to shake shares from shakey investors, in doing so,
they had to churn amongst themselves and short sell. This demonstrates
to me that the Market they're making is one that is self-preserving. As
we approach the magic number, the need for 'paper' becomes essential to
control the Market they're making. To me this is bullish, because in
doing so, it allows us to increase our position, apply more pressure,
and stimulate shorts to cover.
Theses mechanics were evident at IOMEGA & Presstek. Nays like yourself,
tried intimidation and questioned investors intellect when they
recognized the mechanics of a squeeze. Run-ups to $3-$4 are attributed
to short interests covering and the drops afterwards to sell-off. Shorts
were/are able to take advantage of this mechanism as well, except in the
case of RMIL, its' naked shorting, so the pressure for the RMIL MM's to
get inventory, churning, short selling, is, to me, bullish, and an
indicator that we're very close to the magic number!! No Bull!, Pugs



To: Pugs who wrote (27169)12/14/1997 10:33:00 AM
From: Skeeter Bug  Read Replies (2) | Respond to of 55532
 
>>As you know, we have 2MM certified shares of a @2.17MM float.<<

where can this be independently verified? both the float and how many shares you have locked up.

>>The MM's were able to shake shares from shakey investors, in doing so, they had
to churn amongst themselves and short sell.<<

yes, pugs, where can i independently verify this information, ie, what is your source that leads you to this conclusion? btw, why sell short if they are so "afraid" of the "cartel?"

>>Theses mechanics were evident at IOMEGA & Presstek.<<

rmil is no iom or presstek. period.

>>Nays like yourself, tried
intimidation and questioned investors intellect when they recognized the mechanics
of a squeeze.<<

what squeeze? where? did i miss something here?

pugs, im a fundamental investor. since nothing fundamental of substance exists with rmil, imho, then i don't like the investment.

i'm not trying to convince people to sell. however, i think it is very appropriate for potential investors to know that all may not be well in paradise. i don't believe you know what the float is. you think you do, but i don't believe you know.

btw, i find it impossible to believe with all this buying and holding that the "cartel" is doing that the price drops like a rock. net buying means the price goes up.

it is also absurd to say that mms are covering shorts in a panic at $3.00 and then selling short at $1.25.

we'll have to agree to disagree. when i first started watching this stock it was $2.50. now it is half that. the wisdom of my view is self evident. at least until trading starts agin - then anything can happen ;-)

good luck. i wish noone ill - current or future investors alike. i've just been here before and believe some may find my experience valuable.