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Microcap & Penny Stocks : OILEX (OLEX)

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To: Nanlin Chiang who wrote (759)1/27/1997 5:33:00 PM
From: Marty Rubin   of 4276
 
Nanlin,
Did he tell you the name of the research group who'll right a report on the stock. Not all of them get respect from wall street. The only way for me to stay in this stock is for the co. to state, publicly, their intention on moving to NASDAQ by March. If they cannot make it public a month in advance then I don't know how serious they're.
Re. the stock reaching $3, Mr. Burdit can sure take care of that. I took the resent high "volume" as 75% cross trading. If he can bring some real volume (investors not MM) through positive reports from a respected analyst+buying 300K shares, then I can definitely see a +$3 by March.
Have a good day,
Marty
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