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Microcap & Penny Stocks : Olympus Ventures (BB: OVIS) ---Short Squeeze is on!
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To: michael d kugler who wrote (117)9/7/1997 3:55:00 PM
From: cheese   of 492
 
kugler,

What's your reasoning if you think ours is flawed?

You wrote:
"Yes, fundamentals DO matter. The shorts can continue to sell naked into your scheme, just like they have been doing."

Answer these:

1. Why do company fundamentals matter? The MMs have sold over 2.5 million shares when there are only 1.6 million available. Everyone has demanded their certificates. When they run out, the MMs will have to buy them back from us - at our price.

2. What's the flaw in the above?

3. If the MMs continue to sell non-existing shares to us, fine. If we demand the certificates for those shares too, the more they'll have to buy back from us - at our price. Why does it matter if they sell us even more?

You wrote:
"If your sole intention is to engineer a short squeeze, it won't work IMHO if the company is not viable. That is the flaw in your reasoning."

Nice statement. What's your reasoning behind it? See question #1 above.

It would be nice if folks that predict doom and gloom could present a coherent arguement for their case instead of just saying it won't work. That way we could answer your questions or point out what we think the flaws are in your reasoning.

That's what Joel did and now he's one of us.

Cheese #79

ps SHOW ME THE MONEY!
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