SI
SI
discoversearch

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 : Olympus Ventures (OVIS) - formerly (OLPV)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Riley G who wrote (1371)8/23/1997 1:43:00 PM
From: Riley G   of 13196
 
>I gather it is clear that shares in cash accounts do not have to be
>called to be safe.Unless you think they will be illegally lent to those
>who illegally shorted them.

We are not talking about your account types. We are talking about Market Markers that sell shares that do not exist before the buy. When they sell it to you then it exists in the market. The market maker is suppose to cover this sale with a share buy back later, or have the stock in inventory.

What the market markers have done in this case is. having no stock in the inventory they are selling shares they do not have, and someday must cover.
That someday is now!

People listen the shares must be called that are in cash accounts or not. They have no effect on the free flowing printing press that the market markers have been using to flood the market with OVIS shares. The only way to correct this is:

1. All shareholder call for delivery of their stock certificates.
2. The Company moves to a new stock board.

By calling the certs we force the clearing house to force the Tansfer company to force the market markers to buy back all those extra shares that they flooded the market with.

Like I said it has nothing to do with share account types, it has to do with cleaning the legal public float up. And this is why we are seeing big MM dirty tricks. They want the uninformed to panic and sell them shares back now. This way have started covering the extra shares they have sold to the public.

The Thin Blue Line,
Riley G
psicop.com
------

Mr Buffett you have a call on line one, it's the President of Coke.
"Tell him to hold, I'm buying OVIS at the market".
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext