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Microcap & Penny Stocks : OILEX (OLEX)

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To: CHRISTINE who wrote (2178)12/29/1997 4:27:00 PM
From: FARRIS  Read Replies (1) of 4276
 
All's quiet on the OLEX front.
Well, another 4.5 million shares and we did not budge. Someone is going to have to explain all of this selling. Millions of shares are being sold each day -- I must admit, lately someone has been buying them as quickly as they are sold, but for how long? This stock went from about .20 to .033 in less than a couple of months. And POSITIVE news was released to add salt to the wound.
None of this adds up whether CHRISTINE or Frank or Ajay or whoever else, agrees with we negative folks or not.
I would love to hear some possible scenarios from any of the above as to what is happening here. A shot in the dark would be OK. THere is only one reasonable explanation and you three are all smart enough to know, generally, what the explanation is.
Eric
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