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Microcap & Penny Stocks : OILEX (OLEX)

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To: Eric Maggard who wrote (666)12/23/1996 5:48:00 PM
From: GrnArrow   of 4276
 
Hello Eric,

No, I have not called Allen. Although I appreciate and enjoy reading posts from people who speak to company officials or PR people, I look at it more as rumor and propaganda (on the part of the company, not the poster). After all, company people are sort of like politicians seeking re-election - they're going to put the best possible spin on everything, and you have to take what they say with a grain of salt.
For my due diligence I rely primarily on official documents, and since all we have to go on for Oilex so far is the 10-12G, I consider this to be a speculative investment at best. I am optimistic about the company though, and intend to remain a long-term investor in it.

Merry Christmas to all!
Mike
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