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Microcap & Penny Stocks : OILEX (OLEX) -- Ignore unavailable to you. Want to Upgrade?

To: CHRISTINE who wrote (2120)	12/22/1997 10:10:00 PM
From: FARRIS	Respond to of 4276

Finally got a few words out of Baron -- none worth the time they took to type in, but words nonetheless. You should hope that Offie does not have or find more information of this nature on Oilex -- seems to be bad for anyone associated with the company. Surely does seem to be a lot of coincidence throughout Offie's posts, do you not think? The more tightly wound something is, the quicker it can come apart. By the way, I have an answer as to why Offie is wasting his time to call the company. Anything that they tell him is hearsy -- answers need to be in writing to be effective. That is something all investors should keep in mind when buying into a company -- get it all in writing, whatever they tell you over the phone means nothing. When it is black in white, the company has to live up to it or face the consequences. This stock has now lost 80% of its value in about a month. Surely the most positive person (CHRISTINE) has too look at that and realize that there is something going on here. The best legitimate (assumption) news this company has put out to my recollection comes out on a day when 6 million shares trade and it loses value and then continues to fall over each of the ensuing trading sessions. THAT MAKES NO SENSE. Someone knows something none of us do. (Or do we?) For arguement's sake, let us say there is a bunch of naked shorting going on here -- it will never stop, if it exists at all. There are far too many shares available to catch a short here. Hell, I am finding it hard to believe anyone can really trap a short except maybe on a minute float -- even then I find it exceptionally unlikely. Someone is selling one hell of a lot of stock here -- the question then becomes, "who owns the most?" I believe the answer is obvious but unproven. The nice thing is, it should not take too long to find out all the little secrets with Offie's exceptional efforts. Even if I lose every cent I put into this stock several weeks ago -- I will enjoy watching the company come apart or fly with the eagles -- rewarding either way. Eric