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Microcap & Penny Stocks : OILEX (OLEX)
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To: Ajay who wrote (2928)3/9/1998 12:38:00 PM
From: Steve  Read Replies (1) of 4276
 
Glad to hear my info. was right on shares O/S. Now what explains the stock price decline? MM manipulation and stupid Stockholders creating atmosphere of doubt...Hmmm? Seems that our fellow stockholders who were bashing the company played into the hands of the MMs allowing them to short and cover since June of 1997. This forced the company to consider a reverse split as soon as the reverse went through Ditchdigger shows up with his critical Reg S. article and so began the latest debenture bashing sending the stock down from 1.20 to its current levels. Great work guys.
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