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


To: Ditchdigger who wrote (45238)4/9/1998 7:41:00 AM
From: Arcane Lore  Respond to of 55532
 
DD:

Three stocks which were the subject of recent SEC temporary trading suspensions have 'traded' after the end of the halt without a marketmaker having filed under rule 15c2-11. The three stocks are IHIN, EOSC and most recently, IBUY. The trading appears, for the most part, to be by direct matching of customer buy and sell orders (in the case of IBUY, MSNBC has reported that some of it has been through a buy-in of short sales through Canada). As a result there is often extreme price volatility. Here are two articles on IBUY's trading:

"Shopping.com shares resume trading"
"Stock goes on roller-coaster ride in 'gray market' "

msnbc.com
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"Shopping.com stock drops in thin trading"
"Shares move on the 'gray market' the day an SEC ban is lifted."

ocregister.com
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While, I don't know for a fact that the 1500 RMIL shares traded in the same fashion as those of IBUY, IHIN and EOSC, I expect they probably did.