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Microcap & Penny Stocks : OILEX (OLEX)

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To: Eric Maggard who wrote (1013)5/15/1997 2:55:00 PM
From: Madeleine Harrison   of 4276
 
at .531 x .594,
3 bids 4 offers
Stock is acting queerly. MM's
jumping around, changing positions
a lot like they had ants in their pants.
Historically, what David B said below
has happened a lot with OLEX (and most
NASDAQ stocks, for that matter) But I wonder
if getting audited figures, a real BUY rec
from a reasonably respected analyst,
a road show to introduce OLEX around the
market community--all these things
could help put the price higher and sustain
it higher. Also, we have to expect that
people who are in the dark about the events
will sell. Comments?
--Madly
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