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

To: MY OPINION who wrote (46968)	5/13/1998 12:40:00 PM
From: Riley G	Respond to of 55532

Clip from that article: bigmouth.pathfinder.com For shorts, the small-cap over-the-counter market, which was the home of all the Hanover house stocks, is a kind of juicy last frontier. In more grownup parts of the market, rules impede the ability of shorts to bombard a stock that is already headed down. But they can pound a small-cap stock with all they've got, subject only to one constraint: An investor selling short must supposedly ascertain, through his broker, where he is going to borrow the stock that he has, by his sale, promised to deliver. Were this "affirmative determination" rule followed, it would tend to limit short sales, since the amount of borrowable stock is finite. But the rule is often flouted, which means that so-called "naked short sales" are common. Moreover, the rule doesn't apply at all to bona fide market makers. As a result, a firm will sometimes claim to play that role, even though its real intention is shorting. ---------- my comments: SO it is not so! The nays here on TVSI and RMIL and a few other threads are flat out lied when they say that this does not happen in OTC stocks. I am shocked!!!! This is why every should must call all their RMIL shares in NAME form, and the same can be said for ALL OTC stocks that investors go LONG TERM in. Help protect your investments... Riley G