Yes, all shareholders of OVIS stock are taking or have started to take delivery of their certs. As it turns out the cartel found individual shareholders that totaled 2.1 million shares and counting as I have not added many new shareholders to the list.,as it is to big of an undertaking to keep track of now that the CERTS have been called.
The cartel was formed to increase shareholder value. We know that Olympus Ventures is way undervalued at below $2.5, and based on projected 12 month revenues of $15 million plus dollars.. This alone should have them trading at $15 to $20 in 12 months or less.
What I and others suspect is the MM's hammered this one into the ground to try and force a terminal short to avoid capital gains on every share that they have sold short in OVIS. I have now estimated the legal public float and EXTRA shares in the market to be over 4 million plus shares. The public float in OVIS is 1.6 million shares that puts the extra shares floating around being traded at 2.4 million or higher. You do the math to figure the value of the real 1.6 million shares during a short squeeze.
You are going to have MM fighting each other to cover there butts, MM fighting day traders buying and selling the stock, and the investors still buying into OVIS. The share price will make all other share prices during a short squeeze look like small cap stocks.
By every shareholder calling for delivery of the certs, you force a short cover on all extra shares in the market. Everything has to be taken down to the public float. Meaning that MM have to buy back every naked short that they have sold in OVIS, all regular short from the higher prices have to cover. And guess what, it can not be done for the present share price that the MM forced OVIS down to after they locked the maket at the close. And guess what someone tipped this message board that is was going to happen and I said that if they tried any funny games (dirty tricks) like this, that I would request every member to call the certs. And you know what. Over 2 million plus shares and counting will have request the certs by Monday afternoon, with more requesting as this massive short squeeze was placed into action because the MM were going to hammer the stock to force a possible panic selling. Well this did not happen. As they tried to walk the price down in the afternoon, may shareholders are wise to there action put in massive buy at market orders and forced it up, but the MM waited up near closing to hammer it down. People were buying at the market but they kept lowering the B/A on the stock and then lock out investors and traded it down to $1.68.
This is fine as it gives more future investors to come in Monday and buy more OVIS at a lower price. I suspect that there will be major MARKET ORDERS with say $2 limits on them placed Monday morning. I also suspect the 500,000 plus certs that were ordered Friday afternoon and those 1.5 million plus others that will be ordering on Monday-Tuesday will really start to squeeze them.
I have said that I am not selling any of my OVIS stock until goes over the projected stock price for the next 12 months ($20), and then only .03% of my position, and from there it market buyers when I decide to sell.
These MM have a whole bunch to lose for their greed in this business. I don't do this for the money. I do it for the pleasure of watching them squirm, and maybe this will charge the unwriiten rules of the other MM's out there are doing every day in different stocksthat they trade. Well guess what, the supply and demand is now in the shareholders hands as this shareholder value cartel snowballed into something beyond belief.
Buy more, don't sell and call in those CERTS!
RG |
