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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts
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To: TraderGreg who wrote (3861)5/31/1998 1:50:00 AM
From: Steve  Read Replies (1) of 25711
 
The Oilex split was 20:1 not 10:1. To stay alive, often it is a company's only choice. Another company that has run up against the authorized share wall is LTGL. It will be interesting to see if they can secure financing going forward. IMO they will. I also think that Oilex will consolidate operations with Caye Chapel at about $4 a share later this year.
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