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


To: TopCat who wrote (47419)5/26/1998 10:43:00 PM
From: MY OPINION  Read Replies (1) | Respond to of 55532
 
Ah, and obviously it is the same shares trading back and forth!
I gave you to much credit i guess.

DADDY



To: TopCat who wrote (47419)5/27/1998 12:06:00 AM
From: Pugs  Read Replies (1) | Respond to of 55532
 
In a way they are TC. If a short has to cover his margin/short, it will be required of him to cough up what the last quote was...so, 'marking' the tape serves a very real purpose...and yes, it being the same 300 shares is very relevant, moreso, it must be MM Hill-Thompson because of reasons I posted a week or so ago.

Pugs



To: TopCat who wrote (47419)5/27/1998 12:25:00 AM
From: Just My Opinion  Read Replies (2) | Respond to of 55532
 
TC: Why would they do it at all?
The situation as it now stands is simple.
Not trading.
So, why are they trading shares at low prices?
They must be trying to accomplish something.
It seems unlikely that a shareholder would sell 300 shares for 6 cents, it's only 18 dollars.
It is not a meaningful amount of money.
If there were say 10,000 shares traded, I think it may be possible to say that someone decided 600 dollars is better than nothing.
But 18 dollars?
So, I think that one must look for another explanation.
The scales in this example I think are tilted towards something "fishy" being conducted by the MM's.
Do you agree or disagree?
If disagree, why?








To: TopCat who wrote (47419)5/27/1998 10:44:00 AM
From: RBM  Respond to of 55532
 
TC,

Its kind of hard to get shares out of us you know... Incremental selling. LOL. So why would anyone buy anything if we are dead :-)

Rob