Olympus Ventures (OVIS) - formerly (OLPV) Message Board

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Microcap & Penny Stocks : Olympus Ventures (OVIS) - formerly (OLPV)

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To: Mesaba who wrote (4134)	9/3/1997 4:05:00 PM
From: John Fairbanks	of 13196

I appreciate your response. Even if this stock goes to extreme highs and crashes back down, I think it will be like the other cases of short squeezes.... if so then I'd be willing to settle right now for the after crash price and walk away.... look at IOM... $2.50 to over $200 in 5 months (removing splits) and then it "crashed" back down to $100... shoot I'd take $100 / share for a $2.50 / share investment any day of the week. There will be more than just covering here... there will be a whole bunch of new people coming in that will drive the stock much higher than is even reasonable. The people who buy in at that point will be in trouble, but good Lord, anyone could have told you that IOM wasn't worth $250 / share. OVIS's fundamentals show a price 12-18 months from now of between $8 and $12 from the analysis I've seen... given a rise in price to push it up it should remain at least a little overvalued. Plus some people are LONG on this stock, IE: put it in retirement accounts! :-) -John

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