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Microcap & Penny Stocks : Olympus Ventures (OVIS) - formerly (OLPV)
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To: ii1w who wrote (396)8/19/1997 5:41:00 PM
From: Tom Allinder   of 13196
 
The Idea now is to make the shorts cover. That won't happen unless we all hold regardless of price swings. Consider also the strong possibility of a big shareholder dumping his stock and shorting the stock as well. This is my biggest concern. All most of us need to see is a rapid decreasing in price over a short period of time and then "like rats scurrying from a burning building" we too will sell, sell and sell and run the price right down to a dime. I have a certain amout of experience with this and we need to buy and hold or this will surely fail. Maybe a good idea to buy your shares and only check once or twice a day. Don't sit and watch. I would be easy to panic if you watch this small float in action. Today when the price was running up to a dollar right out of the gate then tumbled when the profit-takers got in, we could have paniced. As long as the stock holds ground or advances we are OK... Even a small decrease would be OK. Hang in there!!!

Tom
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