Anyone remember Frank Catalano from the old Prodigy board?
In 1994, he recommended a stock with the symbol OHSC. Being a novice, I bought on his very positive statements and quickly learned that I erred. The stock fell sharply, I never made any money, but, the good news is, I didn't lose any money because I held onto my shares of OHSC that I bought at $5.
One day, OHSC was bought out by a company with the symbol REX (Rexx Environmental). They clean up asbestos messes and other hazardous stuff. The stock went up and then plummeted.
Well, yesterday I had a surprise. REX closed at $ 6! I can make a profit if I sell, but I hesitate to do so because I can find absolutely no news on what is causing this gain.
Any insight into this matter will be appreciated. You know me...I just love the stocks with the EX in the symbol:
EXDS, EWBX, FLEX, EXTR and now REX!
Judy |