Oilexco Inc

OIL-X

Has potentially blown up in bankruptcy. If you own, take your losses and move on. You could also talk to a stockbroker to see if there is any “over-the-counter” trading. If so, Sell.

(Market Call Minute) If you can get out, then get out.

(A Top Pick July 2/08. Down 99.89%.) Couldn't raise their needed money. When he saw the stock is breaking down, he sold.

(Market Call Minute.) A lottery ticket.

(A Top Pick June 3/08. Down 99.59%. Has moved to a different investment firm.) Had a stop loss of $11 so would have been down 31%. Company is now bankrupt.

(A Top Pick July 2/08. Down 99.65%.) Sold it out at about $10. Tax loss seller.

Got into difficulty so sold their assets. Can't see any upside for this.

(A Top Pick June 3/08. Down 99.34%.) Sold his holdings last summer/fall. Company has now been acquired.

(Top Pick Apr 4/08 Down 99.20%) Got into a debt problem. Company got blindsided by the storm. Management is trying to resurrect company. If Chrysler can come out of bankruptcy, then so can Oilexco.

(Market Call Minute) Better opportunities in other names.

One of the best companies he had seen in the North Sea. Got drilling rigs and where successful but didn't hedge. Oil dropped and they had a lot of bills to pay and their banker was unable to finance them.

(A Top Pick April 4/08. Down 99.2%.) Fabulous exploration team, which is still very keen on doing something in the North Sea. Doesn't know what the endgame is going to be.

Almost no value left unless some kind of a wild card comes up.

(A Top Pick April 2/08. Down 99.2%.) Its intrinsic value is in the $2-$3 range. Has terrific properties with great growth potential of up to 100,000 BOE's a day (vs. most recent of 30,000-35,000). Was hoping somebody would come and pay fair value and arrange financing to get them back on their feet. If you own, let it go to zero, sell it for one cent and get your tax loss.

Ran into severe problems when Royal Bank of Scotland pulled their loan. No money left for the shareholders and he is surprised that it still trades at $.11.