Green Oasis Environmental, Inc. (GRNO) Message Board

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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)

GRNO 0.00

Dec 31 4:00 PM EST

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To: Steve Brandt who wrote (90)	10/9/1996 10:43:00 AM
From: Charles A. King	of 13091

Still no trades today at 10:30 AM. New investors haven't been reading Ron's posts about the interviews of Bill Carraway and Bo O'Brien or else they would be bidding up this puppy. Other worthy BB stocks are depressed as well. My opinion is that this bull market is "long in the tooth" and the market expects the eventual "correction" or even a bear market. This is a presidential election year and next year or the year after could be scary. Pundits talk about the "flight to quality". Because of the obvious liquidity problem and the lack of regulatory oversight by the SEC, investors are leary of BB stocks. Bears also talk about the fact that the Saudi Arabia has been holding down the price of oil to discourage alternate supplies coming on line. But Saudi Arabia could very well go the way of Iran and bring back the power of Opec while Prudhoe Bay and the North Sea fields begin to run out. There already is evidence of Saudi Arabia allowing the price to increase. Then there is China and the rest of the Far East which is moving from socialism to capitalism and is projected to become extremely powerful economically. As that happens, the demand for oil will increase. As the price of increases, it will cause inflationary effects as happened in the 1970s, elevating interest rates and depressing stock markets. Hey, wait a minute! As the price of fuel trends upward, the increasing price tends to add penny for penny to our profit margin! Back in the 1970s, oil companies that had their own supply of oil did very well. As these effects happen over the years, investors will have to recognize the obvious and come to GRNO. GRNO seems to be alone in its niche with no real competition. If anybody tries to hold out on supplying feedstock, we can just go somewhere else to get it. All the company has to do is demonstrate its superior end product. We can't nickel and dime ourselves by worrying about daily or hourly fluctuations of GRNO's stock unless we are traders. As for myself, I am very happy to tuck this stock away while enjoying these low prices while I can. Charles

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