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Microcap & Penny Stocks : Olympus Ventures (OVIS) - formerly (OLPV)
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To: Riley G who wrote (395)12/11/1999 12:45:00 PM
From: tonto   of 13196
 
To: ii1w who wrote (390)
From: Riley G
Tuesday, August 19, 1997 4:58 PM ET
Reply # of 13154

Short Squeeze could reach $500 per share! no hype...

I was only looking for a short squeeze of $50 to $80 dollars. But I was talking with
several well informed people in the business. They took the public float, vs alleged
shorted shares, vs. cartel strenght and computed $500 plus dollars for all the shorts to
cover if the short squeeze was performed right.

I have made lots of money in short squeezes before, but never been in from the bottom
and sold for the max. gain's. In fact this cartel was started some 10 or 13 days ago after
I stumbled across this stock. I liked the fundementals and bought on them as without a
squeeze this one should be at $15 to $20 in 12 to 18 months.

I then found out that there is a suspected short position of over 2 million shares. The
lights and sirens went off as I had fell into a diamond mines that was in a rough state. I
also found out that a short squeeze was tried some months ago without any real affect.
That's because it was not run right. Here I have worked for the last 10 days or so calling
in some other big guns that have traded in these things before (with me), and we stated
buying at .19 to ,27 cents in great numbers, while I was also spreading the word to
others on AOL and here on SI boards. The process was slow at first. I had only lined up
just over a half million to 600,000 by last Thursday. We took off on Friday as more
people began to realize the cartel was serious and we are in it to help all OVIS
shareholders. After all we in the cartel are not about me, me, me. But rather the cartel as
a community. And the cartel has a guideline for buying all the stock that we can, while
not selling anything. We have almost 1.5 million of the 1.6 public float in our cartel. To
date the shorts can not cover because of our strength if all hold firm....

RG
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