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

To: eric basart who wrote (47227)	5/20/1998 1:51:00 AM
From: Kurt N	Read Replies (2) \| Respond to of 55532

>>What the hell's going on? I have been holding this stock for over eight months now and don't know what to do with it.<< I think the majority of shareholders feel that way (there are some that still believe in this short-squeeze nonsense). You can't sell it unless you are willing to accept $.10 or if the MM is extremely generous and in a good mood $.50. I'm not willing to settle for $.10 or $.50, but I would take $1. It isn't MM generosity or lack thereof that determines the price they are willing to buy and sell, but rather supply and demand. One could argue that the market and pricing is inefficient since this stock is trading on the Pink Sheets, but never-the-less there should be some type of market with both buyers and sellers. Truth be told there are no buyers for this stock. Even if a stock is on the pink-sheets there is always some sucker willing to pay a huge spread. If any MM/brokerage could pocket $4.50 by buying at $.50 and selling at $5 (as that is what Pugs&Riley claimed to place buy orders for) they would in order to put the caviar on the dinner table (in addition to the bread and butter). Hate to say this, but about the only thing that can be done at this point is to hope that this bow-wow piece of garbage stock resumes trading on the OTC-BB. If that happens expect tons of hype about a short-squeeze, several company Press Releases putting a positive spin, not to the mention the fact that I know Pugs&Riley have been saving up to buy as much RMIL as possible because when this stock re-opens 'there will be a monster short-squeeze'. Anyways there should be some buying going on. The more positive the spin/hype the more buying, meanwhile I will sell into the buying. Question is will there be more buying than selling, it is tough to say. I'm confident that certain individuals will perform their hype-job extremely well. This company has lied/misled shareholders in the past. Any remaining credibility management had is completly gone, 'We expect the money sometime next week....RMCW has assured as that the money will be received.....Delay because of .........Don't worry we have Plan B in case our original plan fails........yadda yadda yadda'. Not to mention the several delays in the $10MM before the halt. Why should I expect them to behave any differntly??? Kurt