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


To: Eric Maggard who wrote (2197)12/30/1997 6:53:00 PM
From: Ajay  Read Replies (1) | Respond to of 4276
 
Eric, O/S number is approximate - i believe it's pretty close to the real number. Btw, I haven't relied on the company for all my info - I've done my own digging. One thing that I know about penny stocks is that they are moved (for the majority) by wholesalers; thus price doesn't always reflect the value. The BB market is not an efficient market - at least for the short term. The value will be realized for those patient ones. Once production numbers are disclosed and year is over I anticipate a move up. JMO

Ajay