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


To: Scott H. Davis who wrote (2206)12/31/1997 7:38:00 PM
From: MSo  Respond to of 4276
 
Scott,

I agree with your analysis. I was in this stock for a short time a couple of months ago, and then sold as the stock lowered and the attacks on this thread grew fierce with no adequate response from the agents of the company. I must admit I remained fascinated and transfixed by the unrelenting driving of the price down. Since the stated float seemed to be drowning in sells, it would appear that, if a manipulation theory is realistic, the sellers for either gain or tax loss reasons, were replaced by surrogates, and there may be a movement up. I must admit to placing a limit order to buy today that was not filled. Good luck to all on this one, and a happy new year.

Mike