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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 4 4:00 PM EST
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To: TATRADER who wrote (4413)4/24/1997 1:12:00 PM
From: Hawkmoon   of 13091
 
Everyone,

The estate selling apparently ended yesterday according to the company. We chewed through and are left with buyers and stronger support as a result.

As an example, we now have 15 mmkrs, adding 3 new ones today according to Mark Seyer. He'll post later on who they are.
He saw them pop up on Level 2.

I spent the entire morning trying to pick up my new shares with limit orders. The mmkrs played around and finally filled them just 1/2 hour ago.

I repeat, there is reason to believe that the selling is over from the estate. I saw it as a buying opporunity, not a "grave indicator".

Make up your mind Mark. What do your charts tell you? The other day you said it might be going to $3.50-4.00 range. Yesterday, you stated that you had your price divergences and we basically achieved a volume reversal. If there were still shares out there to sell, do you think the mmkrs would have raised the bid on 8,000 shares?

Fundamentally, we had a nasty surprise handed to us because of the estate sale. It has been hovering out there for some time and someone might have known something and lowered the price. Fundametally, we chewed through the selling and were handed a nice buying opportunity. We also have 3 new market makers hopping on board which indicates that there will increased volume and a chance for them to make a buck or two.

Just my .02 worth.

Regards,

Ron
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