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


To: John Sahakian who wrote (3083)3/26/1998 5:13:00 PM
From: Marty Rubin  Respond to of 4276
 
John,
If you were an outside investor, would you buy the stock? If yes, buy. If not, don't support a losing dog 'cause you'll only going to add to your losses. What I'm looking at this company I'm looking for oil. It's an oil company after all and I don't think some of the people here had realized that an oil company needs to produce oil, not talk about it. I do hope the BEST BEST for the company and its shareholders. I don't think, however, that hype will do much good. You say that it's not hype, OK. Then what is it? I respect young man (55-65) greatly but if he has to hype, few question marks kind of pup up, as why can't you just let the word spread, why not just let the stock go up slowly instead. If it's really good, we'll know as time progresses. You want poblicity? Great. You go to a station and if the company has a great history and a great deal, the station will be more than happy to hype the stock for free. It will only make them look better. ("Don't you remember XYZ from few months ago?" the host will tell his viewers. "Well, it's up 100% today after we told you that they should have better quarter," etc...) You have no idea how much I want this company to produce oil so all of you folks can at least brake even. I waited a long time for it to happen. You want to wait a little longer? wait. If these guys are buying Oilex, I want to see major changes in management. Oilex should have oil since the surrounding companies/drilling can give a great clue to the value of the properties. What they don't need is a rotten crew. You can have a beautiful baseball field but if you got a bad team, there's no use to watch the game. Watch the stock price for the past years and when it comes to the bottom line, you'll find exactly whom to blame.
Best luck on whatever you do, Marty