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Microcap & Penny Stocks : OILEX (OLEX)
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To: Yiqun Xie who wrote (769)1/25/1997 5:03:00 PM
From: Eric Maggard   of 4276
 
Hi Yiqun,

I think that the lowest would be the mid 90's. It might get down to 15/16, but might not stay there that long. The people that bought in during the runup all the way to 1.25 will probably come in when it dips below 1. There should be a strong support around 1 to 15/16 (that was the second resistance level we broke through, so now it should be a support level). Have a good weekend, I need to finish up some work now.

Eric

P.S. Good luck to everyone next week. ;-)
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