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


To: Deeber who wrote (27497)12/15/1997 1:34:00 PM
From: Jeff Harrington  Respond to of 55532
 
Wow... all I can say is that Mork and the MM's sure threw their money away when they hired s martin et al.

Should have just found a couple of college boys and told them they could GET RICH holding RMIL and then watch them turn when it didn't happen overnight. Free nays!

You guys just stink of greed gone sour. It's pathetic human nature at its stinkiest.

Pee You.



To: Deeber who wrote (27497)12/15/1997 1:44:00 PM
From: Pugs  Read Replies (5) | Respond to of 55532
 
Ryan,
The SEC will "do nothing", because we're doing nothing ILLEGAL!! I defy you you to find 1 post where we TELL ANYONE TO BUY!!! It also demonstrates your bias when you evade ACTUAL STATUTES that have been violated, I wonder why Ryan?, Pugs



To: Deeber who wrote (27497)12/15/1997 1:57:00 PM
From: Riley G  Read Replies (1) | Respond to of 55532
 
Looks like you are committing SLANDER again.
I have never said what you claim!

First off.

Complaints to regulatory agencies haven't stopped the practice of undeclared short selling. However, one way companies can protect themselves is to recommend to shareholders that they take physical delivery of their stock certificates. When physical delivery of stock certificates is demanded by a significant number of shareholders, the creators of nonexistent stock can be squeezed. The short sellers won't have stock certificates to deliver and thus they will cause losses for them and will cause them to move their undeclared short activities elsewhere.
--------

The present special situation may have to do with the above comments and has nothing to do with Type 1 or Type 2 (cash/margin) accounts. We are not talking about legal shorting we are talking about blatant selling on nonexistent shares to flood the market. Thus keeping the price of a stock down and to terminal short it at the same time. If a terminal short is made (stock value = $0) then the shorts or market makers never have to worry about coving their shorts or extra shares that they flooded the market with. This is why every shareholder must demand delivery of their certificates!

Riley G
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To: Pugs (27495 )
From: Ryan Goldstein Monday, Dec 15 1997 1:31PM EST
Reply # of 27509

The illegal part is the group of investors who join together to manipulate the price of a stock upwards. My "Cartel" is going to buy 1 million shares at the open that will drive the stock up causing more buying from Internet opportunists, then we sell off out shares and leave the others holding the bag on the way down. Oh, that is legal I guess.

If done in PRIVATE it may be fine, but all this nonsense on a public forum is not legal. Nothing will happen probably, SEC has better things to do with their time.

Ryan