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


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 G
psicop.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.