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


To: (Bob) Zumbrunnen who wrote (35418)1/10/1998 5:37:00 PM
From: TideGlider  Read Replies (2) | Respond to of 55532
 
Bob: There is more than ample evidence of three people continuously
encouraging the purchase and holding of this stock. More signifcantly
many of the comments are made long after the investors encouraging
buying and "cartel" members to hold had made significant gains in
the same equity.



To: (Bob) Zumbrunnen who wrote (35418)1/10/1998 5:56:00 PM
From: FTJoe  Respond to of 55532
 
If this thing tanks, despite your having spent in excess of 12 hours a day hyping it,...

IMO statements like these are why some folks have become very defensive and antagonistic.



To: (Bob) Zumbrunnen who wrote (35418)1/10/1998 6:28:00 PM
From: michael d kugler  Read Replies (2) | Respond to of 55532
 
This is apparently what has Pugs so riled up here:

<In my professional experience, I don't honestly think I have ever seen a stock open to the upside, the day a trading halt is lifted, but sometimes that is the best price you might see for a while. The rule 15C2-11 says anyone making a market in this stock must be reasonably assured that the financials are timely and accurate. Since no 10-K has been filed, I think you'll be hard pressed to find MM's who will do this. It is likely that if this trades on the BB, the bid/ask spread may be wider than you are used to. If it is relegated to the pink sheets, you will probably see the same phenomena there as well.>

Pugs may be upset because he is unable to produce a single example of a stock that went up when trading was resumed after an SEC halt.



To: (Bob) Zumbrunnen who wrote (35418)1/10/1998 8:37:00 PM
From: s martin  Respond to of 55532
 
There are many intersting conflicts in this situation, one of them is that for a long time and many posts, MK and all the nays were credited for the buying being done, as it was supposed to confirm that there was a large short position. <G>

Seems Pugs wouldn't be so angry if he was confident that the squeeze was really a possibility. Somehow I don't see him as being altruistic enough to want to sue on behalf of those who sold, like Matty, etc.