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


To: DJ Byrne who wrote (29494)12/22/1997 8:06:00 PM
From: Riley G  Respond to of 55532
 
Changed my first selling during the squeeze to btw. 670 - 920 shares.

Riley G
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Subject: release of shares when it happens

Here's how I plan to sell my shares through a slow steady upward process. Others may want to model a slow steady sell after this. I have no control of how you do it. As in all investments, this is only a template!

Stock Price Sell percentage
xx-xx 3% to 5% of position (cover buy in and nice profit)
xx-xx another 5%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
================================================

It is a simple matter to replace the xxx-xxx's with the starting price ranges that you want to start selling off shares. This method does not flood the market with shares and allows the stock price to grow as you sell a little here and there. You don't have to sell them in a day, two, or a month. You just follow your own set selling plan.

I have said that I am not selling any shares until the mid. $50 to $65 range, and then about 865 shares of my position! I do not sell on even numbers, I have plans on selling at odd places like EXAMPLE....200 shares at 56.625, 300 shares at 58.125,etc.....

Riley G

As always do your own research before buying any security.