OILEX (OLEX) Message Board

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Microcap & Penny Stocks : OILEX (OLEX)

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To: Sam Miller who wrote (2180)	12/29/1997 4:54:00 PM
From: Eric Maggard	Read Replies (2) of 4276

IMO, the MM's only buy and sell shares that they are told to buy and sell. Therefore, someone must be selling existant or non-existant shares. Normal people cannot short BB stocks and so where are these shares coming from? IMO I think there are some new shares coming on the market from the past acquisitions that now could be sold. Anyone elses DD turn up something? Looking at the volume, how else could the stock trade over 20 Mil shares in the last week and a half and the price still drops. Assuming that the float is around 10 Mil that would be the whole float, based on the NASDAQ double count trading system. Something smell to you? Eric

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