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

To: zonkie who wrote (4062)	9/12/1998 7:45:00 PM
From: Steve	Read Replies (1) \| Respond to of 4276

Comeon zonk that was for a very brief period typically Oilex has always drifted to pennies in 1993, 94, 95, 96, 97 and 1998. Your valuation of $20 today would give Oilex a market cap of over $180 million clearly way out of line as was a $1 a share in any of those previous years prior to the reverse split. Saul is still advising that as he was recently contemplating a rights offering. Averaging down is a way to maintain % ownership so you will benefit in the same % manner if the stock recovers.