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

To: Ellen who wrote (39844)	2/2/1998 7:02:00 AM
From: TideGlider	Read Replies (1) \| Respond to of 55532

To: +al-len (4 ) From: +TraderGreg Monday, Feb 2 1998 2:59AM EST Reply # of 7 But RMIL hasn't traded since Christmas EVE EVE or have they resurfaced with a new symbol? I heard the longs complained to the SEC... which can be avery big mistake because when the SEC receives the complaint about illegal shorting they act decisively and...halt trading. With friends like that, who needs enemies. Never complain to the SEC while you're still in the stock. TG

To: Ellen who wrote (39844)	2/2/1998 9:22:00 AM
From: Pugs	Read Replies (1) \| Respond to of 55532

Subject: How you help market makers short your stocks !!! \| Previous \| Next \| Respond \| You have 2 unread messages To: jemuel r. mapanao (1 ) From: TraderGreg Monday, Feb 2 1998 2:28AM EST Reply # of 7 That is a very effective technique for stocks that are marginable. The problem with the under $5 stocks is that the vast majority of the shorting that is done is ILLEGAL SHORTING. The off shore slime that shorts BB stocks don't give a rat's ass whether the stock is in cert form or in a margin/cash account. They simply short it. You are correct that those with certs can put a temporary squeeze on these off shore slime IF everyone put their shares in cert form. This is because while the short itself is illegal, the person who bought the shares is a LEGITIMATE owner of the stock. When they call for their certs, the short slime has to cover. Here is where theory gets its butt kicked by reality. The short slime can go and buy stock outright or borrow from a friendly MM. The short slimes almost always seem to find shares to borrow from their short slime brethren( who may have a similar arrangement in other stocks with the shorter who needs to borrow). If difficulty in borrowing or covering occurs, they stall. This is why calls for certs often take mysteriously long amounts of time. If the short slime miss the boat, they then do a very ballsy thing...they wait it out. Why? Because most short squeezes fail, and short slime knows it. Remember, these guys are pros. Why do the majority of short squeezes fail? Primarily because the price runup isn't the squeeze created by shorters covering, but merely the effects of newbies jumping into the stock because the newbies BELIEVE THERE IS A SQUEEZE. After a while, many get bored, original shareholders can't resist the profit taking and selling INVARIABLY occurs. As the selling continues, short slime smiles and maybe actually shorts some more to help it along. Ultimately, the price comes down. Often it is abrupt I'm not saying these so called squeezes don't happen. If it passes the duck test, a perceived squeeze and a real squeeze are the same. But most of the time, the slimiest of the shorters invariably wait it out. Now, if a consortium of ten LONGS started buying up the float and held with the patience of Job, resolutely refusing to sell, and the SEC aggressively pursued short slime for their stall techniques, then the short squeeze would be a smashing success. And if ifs and buts were candy and nuts...

To: Ellen who wrote (39844)	2/2/1998 11:36:00 AM
From: Pugs	Respond to of 55532

Subject: How you help market makers short your stocks !!! \| Previous \| ------ \| Edit your message \| You have 2 unread messages To: jemuel r. mapanao (1 ) From: Pugs Monday, Feb 2 1998 11:30AM EST Reply # of 8 Jem' In the case of RMIL , we're talking about Illegal Undeclared Naked shorting. Regardless of one's 'feelings' about shorting a stock, undeclared Naked shorting is illegal and its' sole purpose is to drive a stock down to treminal zero, so the short never has to cover. Strategically, its' becoming clearer and clearer that short interests have taken to hiring brokers, MM's, etc. to slam these stocks on the internet. on SI, AOL, etc., in an attempt to shake shares to cover their illegal short positions. If one does a bit of diligence, they will see the same cast of characters moving from one thread to another attempting to shake shares. The one similarity between the stocks these buzzards are attempting to slam is a large, illegal short position and potential short squeeze. RMIL has an estimated illegal short position of 5-6MM shares. Like the PRST suit against 3 cyber-mercenaries, the scenario is strikingly similar....fradulent press releases from admitted shortsellers, setting up a corporation under the same co. name, hiring guys to slam the stock on SI and creating a web-site to spread misinformation. As a strategy, the mercenaries will attack the 'fundamentals' of the co. with lies, truths or distortions of either...when in truth, thats' the trap....because the co. could be selling poop on a stick, if more certs are demanded than exist, the 'fundamentals are irrelevant ! ( to the squeeze ) THe squeeze occurs when the illegal shorts are FORCED to buy shares on the open market to cover their illegal postition. Mercenaries will attempt to distract longs from the fact that it is an illegal short position, they will ask for proof from longs. Even when the formulas for figuring out the illegal short position is readily available. MM's, brokers...they know, if they can shake just one long with a large position, they can release those shares into the Market, a little at a time, bringing the price down, hopefully creating panic selling and cutting off the squeeze, hopefully bringing the stock price to zero and never having to cover. If there are overzealous, relentless , slamming nays on your thread, guys with no e-mail addresses, guys who have 'histories' of slamming & tanking stocks with large short positions...guys who attack the co.'s fundamentals, though declare no position in the stock, guys who tell you a large , illegal short position can't be proved or doesn't exist, guys who call longs 'hypsters' or 'promoters' who have 'inside' information....trust me, there is a large , illegal short position there and these guys are present for 1 reason & 1 reason only, to shake shares! Pugs RMIL LONG BUSTING THE SHORT