To: Riley G (993 )
From: Ga Bard Aug 27 1997 9:58PM EST
Reply #995 of 999
Riley, can I ask you one question and not trying to be sacastic or offensive.. . Seriously regardless of your occupation... I think you have a great following and at least you have more buy and stays than normal, however, I am perplexed at why you chose OVIS, Why not a company that was solid? If you have selected JAXI for example yesterday your cartel on a buying frenzy at .77 would have placed the nails in someone's coffin... Just curious about why a company people could come on the thread and rip apart? You do not appear to be a ignorant man. I just can't see any substance to OVIS in any light or research ...
Just curious...
GaBard
--------------Answer----------------
1. My occupation has nothing what so ever to do with OVIS stock.
2. OVIS is a way undervalued company. This is based upon the trailing PE. The stock has shown a .085 cent EPS for the first nine months. This is a very big turn around from the previous management problems that got Olympus Ventures into problem in the first place. Based upon the EPS of .085, I believe OVIS should be trading at $2.125 to $2.5 rather than the .19cents I found it at. And with the projected revenues for the up coming year to be $15 million plus. This placed at target price of $15 to $20 on the stock. A very far cry from .19 cents!
3. I like the present management's past history of company management. The CEO, Gary Morgan appears to be on the case and looking to take OVIS into much higher revenue brackets in the years to come.
4. OVIS has a very low public float of 1.6 million shares..
5. There is a high report of extra shares in the OVIS market place. These shares were sold by Market Makers, in the hopes that they could terminal short the stock price to $0 and never have to cover. This is like a press printing press for money., You want to buy OVIS, We'll sell it to you, what none in inventory. That's okay we'll sell you a naked short (phantom share, nonexistent share). Enjoy the ride down!
6. I started the OVIS shareholder cartel about 3 days after buying the stock after I found that the suspected extra shares in the market were in fact massive (estimated 2 plus million shares). This being over 100% of the float, and with the cheap stock price, I knew I could call upon some big guns and we started buying large blocks of stock. I also contacted every known shareholder by sending them private email. These shareholders joined in the shareholder cartel also, and within a week I had found some 1 million shares of the 1.6 million public float. I was pacing the word to all investors about the OVIS story and it snowballed into a very big operation. Within two weeks I had a total of 2.1 million plus shares found. This was from old and new investors.
7. The total of 2.1 million individual shares in the cartel is approx. 500,000 more than the float. If you take into account that not every investor has email, or knows about the individual shareholders that are in the cartel, then you can imagine how many other investors there maybe and are out there.
8. My guidelines have taken the stock from .19 cents on August 11th to the present price. And we called our stock certificates last Friday when the MM's were about to hammer the stock down. We were ready for it as we bought more on the way down and up, and set the squeeze into motion as a last ditch effort to save the proper share value of the stock. |
