Daily Blast from the past -- Sunday 5-31-98
Number of posts in the OVIS/RMIL saga is staggering and one day a novel should be written. The story is not completely over yet, so I will start from Chapter I -- The Early Days.
Don't know if it will get this far, but eventually it will be a collection of links that summarizes the key issues/ideas/discussion of the day (what little there were, along with some good old-fashioned all-american Yeah/Nay bashing that we all loved, etc.). Sort of a short-squeeze documentary if you will.
If nothing else it will be a comparison of the hey-dey of the RMIL (OVIS back then) short-squeeze versus the current status of RMIL. I will refrain from discussing the content and merely post links to posts that I think are/were interesting.
exchange2000.com
Kurt
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To: +Kramer (414 )
From: +Riley G
Wednesday, Aug 20 1997 1:47AM ET
Reply # 415 of 13108
OVIS cartel Numbers....short squeeze soon to hundreds.
Olympus Ventures (BB: OVIS)
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Official Numbers
Total O/S issued: 2,900,000
Co 144 SReg shares: 900,000
Treasury Stock 400,000
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Total public float: 1,600,000
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Cartel Shares: 1,587,172
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Shares to go: 12,828 for 100% of the float in the cartel.
The are a n alleged 2 plus million shorts. A short squeeze with a cartel of 2 to 2.5 million
cartel memebrs will push this stock price to around $500.
The bears screwed up here. They were trying to force this company out of business but
failed. The companies new CEO turned it around and made it profitable in the first 3
months at the helm (9 plus months ago.).
Hell based on an eps of .085 for the first profitable months, this stock should be at
$2.125 to $2.5. There are projected revenues from contracts of over $15 million dollars
for the next 12 months. That only gives us a share price of $15 to $20 per share.
This cartel was started by me some two weeks ago with 25,000 shares and look how it
has grown in leaps in bounds. We the cartel have undone in the last two weeks what the
bears have done since Feb 1997. We will finish them off as we are buying the stock at
the highs lows, and inbetween. The more they screw around the more they must buy
back later at OUR price.
Riley G
Short Buster
cartel Leader |
