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


To: Kenny Low who wrote (28606)12/18/1997 11:11:00 AM
From: Pugs  Respond to of 55532
 
Riley just plugs & chugs, he compiles the data RMIL longs give him. In fact, if your shares have not been certified ( by choice ), they are not counted. RMIL longs who have not kept in touch, dropped!, Guys who are suspect, dropped! If anything, Rileys' estimates are conservative. You have to remember the huge postion the Cavalry aloneholds! The co. has verified the float, 2.17MM shares. We can account ( using the criteria I just defined ) for approx. 2MM shares. Researching other squeezes where the short interest was miniscule compared to this one, $25 much too conservative of a guess-timate., Pugs
**and DAn Merfeld called me, he'll be back on this week-end! He said to say he misses everybody and is more stoked than ever about RMIL!!



To: Kenny Low who wrote (28606)12/18/1997 11:23:00 AM
From: Joe Master  Read Replies (1) | Respond to of 55532
 
I didn't say it would get to $25 or if I did I meant that if all the stars are aligned that is the uper potential IMO. I think the biggest problem with making this ocur is that the system is not regulated enough to force the purchase of certified shares within a tight enough time limit to really cause a huge run-up of the magnitude Riley and a few others expect. My read of the market dynamics is that a few shares have already been squeezed (the last run to $3.50) and that unless something big hits (like $10 million) at about the same time as another small squeeze occurs then we will never see anything north of $3-$5 again. IMO The fundamentals are not there and too many other suspect circumstances exist to make a prudent investor happy. On the other hand it is SOOOO obvious that Mork is dirty here. Unfortunately IMO he will get away with nothing more than a wrist slap at the very most and maybe a small investment loss.

Joe