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


To: Just My Opinion who wrote (35523)1/11/1998 1:39:00 AM
From: (Bob) Zumbrunnen  Read Replies (1) | Respond to of 55532
 
As I've said before, if I buy or not, my opinion of RMIL will not change. If I buy, it'll be because I've seen evidence it's been abusively shorted. It won't be about the company. It'll be about jumping in to help put the screws to those who've abused it, should it become evident they've done so.

Even if the company suddenly develops excellent fundamentals, I can't think of anyone here I'd consider a nay ever saying anything to the effect that they've always been for this company. I know I certainly wouldn't. Even if I love this company a year from now, it won't change the fact that I currently don't.

And if the abusive shorting proves to have been fact (especially to the claimed extent), I hope the perpetrators will be nailed so hard, far fewer will consider doing it again in the future. Once that's out of the way, though, I hope people will turn their attention to the company and take them to task for their own misdeeds.

That said, has anyone here been part of a major short squeeze before? If so, what do you expect the first few days of trading will be like if it happens? Narrow spread or wide? Tanking of the price with MM-to-MM trades at the bid to drop it in hopes of flushing out cheap shares? Quick raising of the Ask to discourage buying?

Personally, I'm hoping to see a 10 come out first so I can feel certain the float hasn't been diluted. If it hasn't, and the buys overwhelm the sells, I'd think it'd be indicative of a short squeeze. But I haven't watched one before, so don't know for sure what will telegraph that a squeeze is on?

Anybody?



To: Just My Opinion who wrote (35523)1/11/1998 1:55:00 AM
From: Michael P. Weber  Read Replies (1) | Respond to of 55532
 
Al,

Your right it will most likely change real quick to the WE phrases!

If nothing else they will know that WE know them for what they really are! BORN AGAIN NAYS

Mike



To: Just My Opinion who wrote (35523)1/11/1998 8:35:00 AM
From: Mesaba  Respond to of 55532
 
You've got the nays all wrong. IF the squeeze does work (personally I don't think it will), then the nays will say, "Hmmm. Good job. I'm jealous.".

I suppose what the yays are doing is sort of like imagining what you'd do if you won the lottery. Then again, that's what investing is and I'm assuming that a vast majority of the RMIL shareholders also have stock in other companies.

Mesaba