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Microcap & Penny Stocks : OILEX (OLEX)

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To: Steve who wrote (2948)3/16/1998 1:00:00 AM
From: Richard L. Williams  Read Replies (1) of 4276
 
If you guys were smart, which you are not, you would have invested in TANC last week, nice one week return.

Steve...gloating are we? Well, I, for one, would not invest in a company that has the same boneheaded management as Oilex. For the folks that picked up 40% on Friday, congrats, I hope you can keep it.

You seem to know a bit...if a stock is illegally shorted, what can we, as stockholders do to hurt the buggers? My feeling would be that we, in concert, start buying as many shares as we can. That could possibly start a short squeeze, but if we are being shorted illegally, the shorters won't care, they have no plans to cover, anyway.

Caye Chapel bought a pile of shares over the last week, and yet the price still fell by 30% or more. This indicates to me that our evil shorters have us by the nuts. What can be done?

Sharp Bros. eh? Are they out of Hoboken?

Cheers!
Rick

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