jockie.. oilex could fall back to $1.50 here without news and given the market. Thats not really a bad result considering the stock was there a couple of weeks ago and the market is tanking with little news. Its more about protecting your down side as much as it about getting any upside in this market don't you think??
oilex is the sort of stock that could loose value here, but just as easily crank on drilling news. Not many stocks will do that in this market. Thats why i call it a 'numbers game' stock. dyor.
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