OILEX (OLEX) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : OILEX (OLEX)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sweez who wrote (2085)	12/19/1997 3:58:00 PM
From: Marty Rubin	Read Replies (1) of 4276

Message 1448892 Thanks offie for the link. Today's (Fri. Dec. 19)article in the WSJ page C9 "SEC Charges 55 with Fraud in Penny-Stock Case" was very interesting. To qoute a part of the article: "The tactics allegedly included paying brokers $3.3M in bribes to get them to persuade clients to buy the stocks, manipulating prices set by market-makers and creating false records, the SEC said." Also in the Journal, first page, first news in "What's News--: Business and Finance" was a report on "over two dozen NADAQ dealers" that "are in talks to reach a $900M sttlement with investors who alleged the firms rigged prices on the NASDAQ stock market...." When you see the history of the stock for the past few years and now you start to ask questions. Marty

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next