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

To: Hawkmoon who wrote (38985)1/28/1998 6:51:00 PM
From: Jack of All Trades  Read Replies (2) | Respond to of 55532
 
Ron,

Check Riley's site, psicop.com and shows 461K requested over the float. 336K left to cert before squeeze starts. That's 336K/1217K (Estimated Float) or 27.6%. My understanding is that at least 95% need to be certed to initiate a squeeze. Looks like they have a way to go. Especially since they can't buy any more at this time. LOL

JeffG



To: Hawkmoon who wrote (38985)1/28/1998 6:53:00 PM
From: Ditchdigger  Read Replies (2) | Respond to of 55532
 
Ron, the problem I see is,if the bulk of the float is infact held by the shareholders in cert form (or street),and if there is no massive illegal short position,who will want to buy the shares?DD


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