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


To: Ditchdigger who wrote (2786)2/23/1998 6:46:00 PM
From: Richard L. Williams  Read Replies (1) | Respond to of 4276
 
Hey, DD--
Put this under the "for what it's worth" category, but did you note OLEXD's stock action today?

Stock started off tanking, as usual, then turned around, and shot up to .352 or so, before some wise folks elected to bail out at that point.

Volume 440,000! Under pre-split count, that would be, what, 8.8mm shares traded? Now, figure our current float is 1.9mm at most, so we traded around 25% of the float today.

Not sure it means much, but sure caught my eye.

Go, Oilex! Umm, right...