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Microcap & Penny Stocks : OILEX (OLEX)

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To: John Rowe who wrote (3618)6/26/1998 7:03:00 PM
From: OFW  Read Replies (2) of 4276
 
Regretfully, I can't cut and paste my transaction log. Quite frankly, it's hard to make heads or tails of today's trading. Without a real basis for saying so, I think one might be concerned that today's activity was artificial --- that is it was created to give the impression of big volume coming in when in fact it was just cross-trading or churning stock to create volume. I'm not saying that is the case, its just the feeling I got watching the tape all day long.

Do you realize that today we traded approximately 20% of the entire outstanding share count --- with no price change?

Anyone with insights into today's activities?

Offie
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