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


To: TopCat who wrote (40444)2/5/1998 6:52:00 AM
From: tonto  Read Replies (2) | Respond to of 55532
 
The article gives the perspective of the authorities why it will enact a 10 day trading halt on the stock, and the implied message it wants to get out to the public. Note its position on current shareholders.

Sometimes lack of comments by shareholders speaks louder than had they posted. The article is very strong and quotes the authorities. There is no misunderstanding regarding their position.

The shareholders hopefully are prepared to purchase the few remaining shares necessary to have the squeeze commence, if the authorities accept the filing as satisfactory and trading commences.

There appears to be some concern regarding their position and their desire to wait for better news. If fundamentals do not matter and it is soley dependent upon the accuracy of share count and shares issued,
then why the sidestep of wanting the news too? Or, do fundamentals count? Which is it?

The group sends out two messages which confuses the issue, not only amongst themselves, but to lurkers who may want to buy in. Is this squeeze strong enough to stand on its own two legs without fundamentals? If so, you may find that trading right now is the best thing that could happen for the group. One never knows what new direction this story could take in the future. Good luck to all.