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Microcap & Penny Stocks : OILEX (OLEX)

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To: Steven Taylor who wrote (3518)6/19/1998 5:58:00 PM
From: Marty Rubin  Read Replies (1) of 4276
 
SteveT,
In order to bet on a rise, you have to think of someone who will push the stock up.
MMs will no longer rush to cover because the hype no longer works (thanks, in part,
to the great guys here on the SI). Unless the Oilex's insider (namely, Steve)
knows about a short party that will force them to buy back, I don't see why the stock would rise, or will find a bottom (and seat there like PIOL). I don't bet on BBs or NNM-small-cap, let alone a company with such history as Oilex. Who cares! (IMO, as always
)
Have a great weekend,
Marty
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