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Microcap & Penny Stocks : QDRX

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To: TwoBear who wrote (2490)8/28/1997 11:39:00 PM
From: Cavewoman   of 3977
 
I found this post elsewhere. I think it should be put under "Points to Ponder" and maybe something to think about. I know our float is rather large...but how large is it REALLY? Maybe larger than we think. Due to MM's playing their games. Please take the time to wander these sites. VERY interesting. Also wanted the QDRX lurkers to take a look. Both boards about this OVIS stock are interesting. I think QDRX should have made a nice increase in price after the 10Q since they lost less and increases in revenues were so much but....

Ginger

Subject: Olympus Ventures (OVIS) - formerly (OLPV)

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To: Kramer (2734 )
From: John Fairbanks
Aug 28 1997 5:46PM EST
Reply #2738 of 2758

Kramer, read the information for new people contained in the
thread OVIS Shareholder Cartel:

This article specifically address your question:
techstocks.com

Bascially this is what is called "Undeclared short selling" which is
not like regular short selling... this is where the MMs sell a ton of
stock out in the market which doesn't actually exist. The lax
regulations of the OTC BB market allows this to happen by creatively
using loopholes in the way trades occur.

There was also a great article on a web site about this that was
posted in a previous post but I can't remember what it was...

-John
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