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


To: DJ Byrne who wrote (46946)5/12/1998 4:42:00 PM
From: David R  Read Replies (1) | Respond to of 55532
 
I disagree. If somebody was exposed for 10's of thousands of shares, then they are looking at an opportunity to reduce that exposure. Your 17K shares represent nearly $1/2M if the expectations of the cartel are to be believed (i.e. 100's/share). Basic human instinct is of greed, self-interests, and self-preservation. Any short who had an opportunity to limit losses would jump.

On the flip side, your shares represent a short-term windfall of >> 1000% (if the cartel is to be believed). And unlike some of us, you hold certs. If ever there was an opportunity for a late investment in RMIL, it is now.

So, I stand on my position. If there are no takers for your shares (either covering shorts, or optimistic longs), then there is no market for RMIL, and it is essentially worthless. This is investing 101. I do not wish a debate, and I leave it to the market to prove me right or wrong. I hope for your sake, that I am wrong. Let's see if there are any takers.