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Microcap & Penny Stocks : OILEX (OLEX)

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To: Madeleine Harrison who wrote (1026)5/20/1997 10:06:00 AM
From: OFW   of 4276
 
My Dear Madly:

Unless my quote service was spitting out bad data this morning, it sure implied a trade of 20,000 at .60 at the open --- when the spread was .65625 - .71875. What gives? Did somebody have a stop in at that price and the MM reached down to grab it? You know I really don't understand all of this trading stuff so could you enlighten me about a trade like this?

Offie
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