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Microcap & Penny Stocks : OILEX (OLEX)

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To: Instock who wrote (2578)1/16/1998 6:22:00 PM
From: Eric Maggard  Read Replies (1) of 4276
 
Hi Instock,

Have followed you from other threads. I don't have any idea why it dropped like that. I was watching it and saw some resistance at 15. Then this morning I looked at it and it was down to 11 and dropping. I looked for information or news, but I couldn't find anything either. I will continue to look. I wonder if it was just too overextended or something else is going on. Let me know if you find anything and I will do the same.

Eric

P.S. One thing that worries me is that it was on large volume for the company.
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