OILEX (OLEX) Message Board

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Microcap & Penny Stocks : OILEX (OLEX)

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To: Steve who wrote (3424)	6/10/1998 9:57:00 AM
From: J Navarro	Read Replies (1) of 4276

>>Quite the contrary... if you take 'advantage' of this stock at these prices, THEN you are crazy. Investing in this type of stock a year ago took a Gambler's Mentality. Investing in it now takes a Dumb Gambler's Mentality.<< --You are not listening. Oilex production is up 500% over daily --production in 1997. Investing now makes great sense. My hearing is fine. The point is, with this stock, I need to SEE it to believe it. When I see some numbers in writing (production numbers from TRRC, revenue from 10Q/K), then I'll believe it. There are thousands of pink sheets out there and the bulk of them are DOGS. This company has lost NEARLY ALL of its stock value in the past 2 years, and has made statements of increased production in the past. What's so different now? Don't get me wrong, I'd be happy to see the production numbers verified and the stock price increase. I'm expecting to write this stock off as Worthless Stock at tax time... anything more would be a pleasant surprise. Nonetheless, it's my opinion this stock is like the Drunk Uncle who promises 'this time it'll be different.' It virtually never is! Happy Investing - JN

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