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

To: CHRISTINE who wrote (2599)	1/22/1998 4:52:00 PM
From: Marty Rubin	Read Replies (2) \| Respond to of 4276

Christine, "stock used for the acquisitions over and done with" it will never be done. Look at all the 144 the company had and you'll see that they always come back to hunt you. There's no end so I'll always be cation to sell on any 144 fillings. (For every seller there most be a buyer. If the MM are taking all the load it wont take long before the stock will go down. It either goes up [there are ways to do that] and they make money, or goes down and they lose [if those ways don't work out] but in the end, the stock goes down. "i felt that many of my concerns were addressed and answered" the same is not the case with me. Therefore, I don't plan to add any more shares no matter how low/high the stock will go. You have to consider Oil@16. If the cost is $12 then they are making $4, down from $8 ($20 - $12) or from $12 (from the beginning of the year, $24 minus $12). For all the reasons, (cost of oil, dilution and other unexpected [more shares etc.] which I need to consider in evaluating the company) I so far had to cut my estimates of where the stock could go by 60%-meaning IF I though the stock could go up to $1, I will sell at $0.40. I may raise my estimation when we get the results from Big Foot. Until then, I'll look on the history of the company to see how much I can expect. I didn't expect much oil, but did shares. Would it change? You beileve and I suspect. Maybe it is because I have been with the company longer or I got hurt much harder then you did or you are stronger. If you are stronger, I hope you are smarter too. You may e-mail me next time at himarty@rocketmail.com if you want to assure a reply Have a great weekend, Marty Higher prod. could help even when average crude is down for the quarter. Source? yahoo.com yahoo.com But biz.yahoo.com