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


To: Just My Opinion who wrote (46758)5/6/1998 12:52:00 PM
From: David R  Read Replies (2) | Respond to of 55532
 
If the leaders of RMIL are/were engaged in criminal activities, you can bet that they have also been selling shares of RMIL behind the short squeeze smokescreen. If you study typical securities fraud you will see that hyping a company and then dumping shares is quite common. These guys feed on get-rich-quick hype. Such as was the hype on this thread just 6-8 months ago. All of the cartellers were planning the big party, and talking about selling for 200-1000 a share. The absurdity of that is now plain for all to see. As is the raw greed driving the cartel. Con artists can only swindle those who think that they can get something for nothing.

With regards to the short, I do not believe that anybody really knows what the public float is (except Morgan and Brenton). So the squeeze itself is not even verifiable.