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Microcap & Penny Stocks : Olympus Ventures (OVIS) - The Naysayers
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To: Gidget who wrote (199)10/23/1997 11:09:00 PM
From: Danny Hoover  Read Replies (3) of 336
 
Gidget,

This stock is already down. It was manipulated down. In July, 1996 this stock traded at $1.53. This was before the 30:1 reverse split. From 1.53, the stock went down to .10. The reverse split was issued, bringing the stock to $3.00/share. The stock then went down again to .20/share. Now, the stock is around $2.15/share. If the stock was at the same level today as it was before the reverse split, it would be trading at around 45.00 per share. I believe that there is a large short position in this stock.
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