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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 16 4:00 PM EST

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To: Robert Scott who wrote (4358)4/23/1997 12:35:00 PM
From: Robert Dee   of 13091
 
Let's all remember what GRNO is doing now. They are still testing the
processor. While some orders may be there, I would think that the "flood"
of orders won't come until they have hard data to show prospective
customers that the unit works and what the economics are. If you were
a bank asked to lend money to purchase one of these units, wouldn't you
want that information? So that's what GRNO is doing now. And they gave
us a little tidbit several days ago, the significance of which was
understood by those following closely, but probably lost on anyone else.

I am satisfied the unit works and will be profitable for customers. So
I am content to sit tight and wait for it to unfold, which it probably
will do rather quickly.

As to the stock action, the volume tells the tale. I could see the MM's
trying to shake the tree until they get their capitulation. I will just
sit back and yawn. This is the essence of risk in a BB stock with very
little float. I know it works both ways, though. Gut churning as it may
be, you can't have the explosive upside without the sickening downside.
So sit tight in your seats, or get off the ride altogether.
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