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


To: andy who wrote (3066)3/26/1998 10:52:00 AM
From: Steve  Read Replies (2) | Respond to of 4276
 
I think we can do without the graphic language. If you can't take a little loss, what $600, then you shouldn't have bought at .50. That said, let's recap: The talks are ongoing, buying by Caye Chapel and Baron Marney continues. Oilex should soon be releasing information on drilling activities, flow rates, etc. at Bigfoot on wells 3 and 4; check their website next week. The value of OLEX per share is still around $3.60. There are daytraders in the stock. The stock has appreciated from a low of 15 cents to now 40 cents at the bid a 167% appreciation in 2 weeks. For those who got in last week then there have been good gains. What we are still seeing is a bit of profit taking. Hang in there.