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

To: Prudent Investor who wrote (2393)1/9/1998 5:55:00 PM
From: FARRIS  Read Replies (1) | Respond to of 4276
 
ROFLMAO Frank!
Obviously I will hold on to my shares too. Have almost nothing to lose at this point anyhow. I hate taking a loss. You have to admit that everything that has been brought up has been very relevant at this point. Yes?
All of this was called already -- now it gets played out for real.
Offie's share! The question of the day! I say he holds out for a big fractional pay-off. He will make out better than all of us! He better hold on tight ot that share though. That is the other reason I will hold my few shares, now fewer.



To: Prudent Investor who wrote (2393)1/9/1998 5:57:00 PM
From: Ditchdigger  Respond to of 4276
 
PI<What is the normal trading pattern after a reverse stock split.> with these little companys,picture an elevator cable snapping(sorry I'm a realist)..DD
That said I hold a little Can. E&P which reversed and has done great,but it went from about 30m to 10m(1:3)..DD
PS: I should also add investors knew 30 days ahead of time that the 1:3 split would occur,presentation of a reverse split is key-suprise sucks


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