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Microcap & Penny Stocks : OILEX (OLEX)

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To: Ditchdigger who wrote (2624)1/23/1998 11:49:00 AM
From: Jim B  Read Replies (1) of 4276
 
We're probably just seeing MM's trading or shuffling things around and these are bogus transactions.. that's my guess.. give it til next week before the dust settles..

I'm betting price drops significantly.. then bottoms out and then starts a nice slow steady climb... important thing is that float is total shares has been reduced... so my money will come into OLEXD :AFTER:
this split takes its toll.. which normally is not good for penny stocks
but it should create a BIG BUYING OPP when it does finally hit bottom and start back up..

Watch for shorters to push this one down.. .

Just my opinions.

Jim

Still holding my now 1/20th fraction of OLEX shares.
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