Hi Madly,
I agree with you that it would be great for OLEX to get the audited figures, a BUY rec, and do a road show to get their name out. Does anyone know if they have one planned? I thought they have one planned, but am not sure. Another thing that would be very good for them is to get full reporting status and then apply for NASDAQ. First things first, get full reporting status and then go for NASDAQ.
One thing about the stock that I have noticed is that most of the buys seem small, while the selling is in big blocks. I don't have access to intraday trades anymore, so I am not sure. The selling tells me it is a continuation of last week, someone new, or some selling from shares received from OLEX for property. In the past, just before big announcements, the volume would be 400k+ and big buying blocks. So, I am not sure about this one. Maybe it might be another week or two before the report or financials are out? Anyone talk to Tom about this lately?
Eric |
