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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 1 4:00 PM EST

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To: Robert Scott who wrote (4313)4/22/1997 9:36:00 PM
From: BlueSpruce   of 13091
 
Those are my feelings as well Robert. I'm a believer- that has not changed. I thought the #1 rule in this game however was not to fall in love with a company. All the signs pointed to a pullback. I find it kind of odd that in months past, the speculative nature of this investment is stressed (don't invest what you can't afford to lose, etc) and now in the midst of a somewhat painful retreat, an investor is somehow disloyal by reading the market and getting out. GRNO is still highly speculative albeit getting less so every day. However GOE is such a tiny company that a tragedy involving ANY of the principals would spell disaster. Bill is involved in a car accident on the way to work or Pete suffers an accident on the job. Either of those incidents could be devastating. This isn't a club here where it's all for one and one for all. We're investing hard earned money. I don't have the resourses to just let it ride. I have to manage it carefully.

Am I a believer? You bet. If I had guessed wrong and GRNO headed north, I would have bought back in even at a higher price yielding fewer shares. As it is, I will now be able to own an even bigger part of the dream.
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