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

To: Richard L. Williams who wrote (3490)	6/17/1998 9:41:00 AM
From: Stock Puppy	Read Replies (1) \| Respond to of 4276

>>If I run across this company's name on other threads, it's always used as an example of a bad stock. But Richard, there's a breakthrough coming! They've got a full staff of kids on tricycles busily swabbing away...and they've got new technology!!!! They've gone from ordinary cotton swabs to Q-Tips brand which extracts 20% more oil from the wells! Plus, they've optimized production! Instead of having to pedal 40 yards to wring out the oil, they bought more canisters (made of real plastic derived from oil swbbed from the wells!) and placed them right by the well so all the kids have to do is swab and wring! And really! They honestly promised they wouldn't issue more shares to give to Uncle Sid even though his gambling losses are causing angina pain for aunt Edith! Pinky swear! When the experts on Wall Street hear about these wonders, they'll be no stopping the stock price!

To: Richard L. Williams who wrote (3490)	6/17/1998 9:58:00 AM
From: Steve	Read Replies (1) \| Respond to of 4276

I really don't know why you bother holding your shares if you feel that way. I didn't know that bad mojo was a technical indicator. MIDL apparently is a scam or close to it, Oilex is not. Ignorance of what Oilex is doing is no excuse for perpetuating the myth that Oilex is a bad investment. If you insist on perpetuating this myth then so be it but don't expect me to be receptive to it. I disagree with you that the Stock Market is all psychology, it isn't. Over the long term markets trade on fundamentals not technicals or psychology. Market tops and bottoms are driven by psychology. Fundamentals are why you cannot do better than the market over the long run. The only people who do better than the market over the long run end up in Danbury Minimum Security. When Oilex proves that its swabbing program is a success later this year with terrific 3rd and 4th quarter financials the so called bad mojo you refer to will be a fading memory.