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

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To: Mr. Aloha who wrote (4622)9/4/1997 6:42:00 PM
From: Jack of All Trades   of 13196
 
Mr. Aloha,

I currently hold 7400 shares myself and got in at .42, .5, 1.0, 1.375!! The company has issued a press release stating that they have formed a non-profit organization to look into MM's abuse of naked shorting. Why then would the company issue more shares to help them (YOU) out??

Weren't you in here bashing us last week??? Maybe you should have got on the OVIS train with us! :>)

I think todays price drop was the combination of two things:

1) Some people taking initial investments out and dumping into EUTO.
2) When these people sold (NOT ME) the MM's took advantage of Market sell orders and walk the stock down in literally 10 minutes. I think they look for the opportunity to lower when they see sell at market orders.

I do not blame anybody for wanting to take their initial investment out, it is their choice to do so. I currently have $3100.00 lock up in OVIS and additionally bought into EUTO on 8/27, 8/28, and 9/2.

If you read back into previous posts (~#3000 range) there is plenty of discussion of Products and fundamentals.

The real question how much are the MM's willing to pay for my stock to cover their naked shorts???

IMHO

JeffG #53
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