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Microcap & Penny Stocks : OILEX (OLEX)

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To: Prudent Investor who wrote (1357)8/20/1997 8:35:00 AM
From: roberto cammarota   of 4276
 
Dear Prude,
I have been on this thread for about a year now also. I have made some money off Oilex, and am still waiting to make more. If you try to apply rational to an irrational situation you get confused. In the case of Oilex the most intelligent thought is; "in for a penny in for a pound". Nothing makes sense about Oilex except; buy low/ sell high and remember it's a BB stock: i.e. "high risk". If you can live with that then strap on your seat belt and enjoy the ride up,down, sideways, backwards and forwards. Take a look at the past preformance of the stock, as far as the company goes, who knows; look at Apple one minute headed for the dumper with no hope then all of a sudden Bill Gates comes to the rescue. There aren't as many heroes in the BB sector only alot of heavy duty players that can manipulate, and it is up to us as investors in BB stocks to catch the timing right otherwise if you listen to reports from the company about the company do really think anyone is going to say anything negative?, and wouldn't you file the most creative report you could dream up to keep everybody happy. Sit back relax and enjoy the show that's all you can do,and in the words of Kenny Rogers, " you got to know when to hold them, know when to fold them, know when to walk away, know when to run.......I hope I haven't offended you, but you asked for other opinions.....

Roberto
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