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


To: Eric Maggard who wrote (2579)1/16/1998 7:11:00 PM
From: Instock  Respond to of 4276
 
Eric:< HCOM > Thanks for the replay. I have now checked the trading log. Only a few large block trades. Some buys, some sells.
It seems to have started dropping on very low volume.

Earnings are not due for several weeks and the company does not have a history of pre announcments.

Called the company and IR said they were as perplexed as everyone who has been calling them all day long.
The CEO may release a statement on Tuesday basiclly saying that they do not know why the stock dropped as it did.

Lately, I have seen several stocks take BIG drops without any reason and then rebound the next day.
Market manipulation? Don't know.

This stock will give me a chance to play detective for three days.

Have any suggestions of a direction i should look?
The answer is out there somewhere!!

Thanks again

Instock