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


To: J Krnjeu who wrote (32647)1/3/1998 6:58:00 PM
From: Pugs  Read Replies (2) | Respond to of 55532
 
>>>>What is fundamental to short squeeze, is that more stock was sold by the
MM than was issued by the company. That has always been the position of
the longs and I don't recall the longs not willing to discuss that
issue.

Thank you<<<<<
_____________________________
JK!
You're the best!!, do ya' get the idea that Ron 'can't' discuss RMIL fundamentals! <lol>, I picture s martin/ Doug54 /SMARTIN8231 & Kugler slapping their foreheads and rolling their eyes everytime Ron posts.....<LOL>, All the best JK!, Pugs



To: J Krnjeu who wrote (32647)1/3/1998 8:04:00 PM
From: Hawkmoon  Read Replies (2) | Respond to of 55532
 
J,

I fully realize that this is the position of the longs. And through October I believe there would have existed some reason to believe in a squeeze.

However, the 75% decline in November-December suggests that shares were being sold into the market, either from cartel members or "other sources".

This decline was taking place while a greater and greater percentage of the stock was alledgedly being placed in certificate form.

Either someone is lying to Riley, the official "score keeper", or someone with hidden or registered stock was selling or shorting into the market.

I think that this has always been the position of the "Nays", and I don't recall the "Nays" not being willing to discuss that issue.

Thank you,

Ron