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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 (27466)12/15/1997 12:40:00 PM
From: Mesaba  Read Replies (1) | Respond to of 55532
 
No. You have people >>reporting<< that they have 2MM shares. I could send you cert numbers and shares all day too. I would guess that someone on the list, perhaps one of the larger "shareholders", is actually a shorter (or a past shorter) who wants you to think that 2MM are accounted for. That doesn't even count the people who have sent in the certs and sold them already.

Now let's take the totally hypothetical situation that the short squeeze does work. What's to keep the shorter from declaring bankruptcy or just going to jail for a month? Or trading is halted and everyone loses. I just can't see any situation where the squeeze works and the shorters have to pay up.