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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Jan 7 4:00 PM EST

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To: spinynorman1323 who wrote (4385)4/23/1997 5:04:00 PM
From: Zeev Hed   of 13091
 
Mark: It barely makes it as a one day price/volume reversal. I just walked in and looked at the daily chart, the volume on the way up was not terrific, but the buying must have been mostly on the ask. I am afraid we may need to base a little around here until we get some changes in the fundamental environment. Right now, the market does not believe $.5 /share for the year and has decided to downgrade the stock accordingly. Once Murphy goes and nag some other company, and Carraway delivers some deliverable units (and I do not see why he should not deliver two this quarter, he still has two good months), I think the stock could recapture its lost glory. By now, all trading positions should have been out and only core holders should be in the picture, this will alleviate the downdraft, I hope.

Zeev
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