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Microcap & Penny Stocks : OILEX (OLEX)
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To: Ajay who wrote (2928)3/12/1998 8:52:00 PM
From: Jim B  Read Replies (1) of 4276
 
hmmm about 4million outstanding.. how many actually in float..
with the rev split and decline in price wouldn't it seem
to have alot of shares shorted??? just curious as this usually
happens to pennies that rev split... looking for the bottom
to consider coming in again... anyone else think we should
bottom soon.. maybe 10 to 12 cents ... if it is shorted.. someone
will eventually have to cover.. especially if a momentum play
comes in

jim
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