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

To: Frank Fontaine who wrote (2304)	1/8/1998 11:35:00 AM
From: Eric Maggard	Read Replies (1) \| Respond to of 4276

To be honest I am to the point where I don't invest for the long term (years) in any company especially BB stocks. I have invested in them for the last three years and have made alot of money on some and lost alot of money on some. I do hope that the NASDAQ kicks off non reporting BB stocks. That would clean up the market some. I now invest in NASDAQ listed stocks and only while they are in a strong uptrend. Many of my posts over the past couple of months have been on a could of threads that IMO need to look at the real issues of their stocks. One is halted, and hopefully this one will not be either. But, if you look in the past posts on this thread like you did with my profile, you will see many questions and information that has been blown off by the longs of the thread. I will not reiterate all of them here again, but I am sure you could find them. Sorry if I was insulting to you, but you need to look at all of the issues good and bad. FWIW, the post the you included from one of my others posts to another thread was to a person that posts on FTEL and doesn't have a position. That person was also stating repeatedly that the stock was worth .81 and that people better get out because the products were no good and it was going down. They didn't post questions about the company, but just said it was no good. I have posted questions here that have gone unanswered. If you think just asking hard questions is slamming a stock, then I will keep slamming OLEX. I will not tell you to get out, just start asking the tough questions of your management. Eric PS If you are interested the companies that I am current in: FTEL - only BB stock I would invest in now, and when it hits my price, I will pull most of my money. Wait for a pull back and re-invest. APCO - small position, might get out if it looks to be breaking down. Ones I was in recently, but out now: BNGO RECY Others that I am watching: ADGE ARTS ATVI BGN DIPL DMMC ELNK HCOM LEAF PKPS RADAF TGSI TTNP SCUR PCTH RLLY AMVC BOBJY Some of these I have been in and out on. Good luck on whatever investment stategy you use. Whatever you use, stick with it and make it work for you. I guess you could call me a trader/momentum person. I look at what the company is in and do a little bit of research, but I mostly go by what the ticker is saying. BTW, I have been having a good year. Portfolio up ~20% so far, mostly on FTEL. Have about 1/2 in cash to catch others.