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Microcap & Penny Stocks : OILEX (OLEX)
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To: Steven Taylor who wrote (3477)6/17/1998 2:25:00 PM
From: Marty Rubin  Read Replies (2) of 4276
 
SteveT,
Please don't! It can go to .001, too. I don't see the future of this company the way it's run right now. Mngt. is f#*^ed up badly. He still thinks he knows how to run the company. It might be an ego problem who knows. Just the spread would be 10%. Plus you add all the shares (at the rate) that is being pumped--huge risk. I wouldn't put more than $200, or 0.5-1%of a portfolio. Good luck anyhow.
See you,
Marty
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