To: Blackie D who wrote (42496 ) 2/24/1998 5:13:00 PM From: Riley G Read Replies (2) | Respond to of 55532
My personal Selling Schedule. This is what really scares the shorts in the RMIL stocks and the reason for the strong fights to sink RMIL and myself!Note my changed amount to 670 or 940 shares to sell first. Solidarity ----------------------------- The MM's will not be able to trade shares between themselves to cover as only those cert's in NAME form will be allowed to cover the short. Since 100% of the shares will be registered that way, and remember that the long line of other certificate requests that have to be bought to cover the shorted position. That's why the stock price should SKYROCKET as I and others will not be selling our shares until our individual shareholder values are reached. -- Here's how I plan to sell my shares through a slow steady upward process. Others may want to model a slow steady sell after this. I have no control of how you do it. As in all investments, this is only a template! Stock Price Sell percentage xx-xx 3% to 5% of position (cover buy in and nice profit) xx-xx another 5% xxx-xxx 10% xxx-xxx 10% xxx-xxx 10% xxx-xxx 10% xxx-xxx 10% xxx-xxx 10% xxx-xxx 10% xxx-xxx 10% xxx-xxx 10% ================================================ It is a simple matter to replace the xxx-xxx's with the starting price ranges that you want to start selling off shares. This method does not flood the market with shares and allows the stock price to grow as you sell a little here and there. You don't have to sell them in a day, two, or a month. You just follow your own set selling plan. I have said that I am not selling any shares until the mid. $50 to $60 range, and then about 670 or 940 shares of my position! I do not sell on even numbers, I have plans on selling at odd places like EXAMPLE....200 shares at 56.625, 300 shares at 58.125,etc..... The Thin Blue Line, Riley Gpsicop.com ------ Complaints to regulatory agencies haven't stopped the practice of undeclared short selling. However, one way companies can protect themselves is to recommend to shareholders that they take physical delivery of their stock certificates. When physical delivery of stock certificates is demanded by a significant number of shareholders, the creators of nonexistent stock can be squeezed. The short sellers won't have stock certificates to deliver and thus they will cause losses for them and will cause them to move their undeclared short activities elsewhere.