Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kenny Low who wrote (52618)	10/16/1998 8:30:00 PM
From: Dan Merfeld	Respond to of 55532

Good point. The funny part about it is that any activity brings out the people watching with anticipation. The same ones that said it was dead. Weird, if it was dead why are they worried. Unless they know something is around the corner.

To: Kenny Low who wrote (52618)	10/18/1998 12:57:00 AM
From: BARRY ALLEN	Respond to of 55532

Maybe the MM needed a stick of Bazooka!

To: Kenny Low who wrote (52618)	10/19/1998 1:47:00 PM
From: David R	Respond to of 55532

Stocks generally have a par value of .001. If you wanted to take a loss on a worthless issue such as RMIL, you would sell them at par value. Not that you have to sell to take a loss on a dead stock (but many may not know this). A few months ago, Schwab was reporting ~1 as the ask, so I put in a market order to sell my RMIL. However, the trade filled at .001, and I netted .05 (they thoughtfully waived the commission). I was not happy and called Schwab, and they reversed the sale.