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Microcap & Penny Stocks : OILEX (OLEX)

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To: zonkie who wrote (3410)6/9/1998 9:20:00 AM
From: Richard L. Williams   of 4276
 
Phil, about your numbers:

Last year, the 1-20 split had not yet happened. But if a person sold 447,000 shares, that is how many shares he/she sold, and they receive 447k X share price, not 20 times that. The SEC does not adjust the data there for splits.

The split can clearly be seen around Jan/Mar. Share prices was .04, then shot to 16&#162.

I am with you, though...holding for the future.

Rick
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