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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 3 4:00 PM EST

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To: John Crovelli who wrote (4452)4/25/1997 9:44:00 PM
From: taLuis   of 13091
 
WOW! This stock really has momentum. From $5 1/8 to 6 in the first hour of trading,
with average volume, and holding thoughout the day, while the rest of the market
languished. Congrats to all who bought under $6 (and expecially under $5!)

My own two cents on the TA for this stock. Barring any further unexpected "estate"
sales in the near term, I believe $6 will be the new support level for many days to
come. Sure, there may be some profit taking on Monday and for the balance of the
period before Greenspan. But, anytime the stock dips below $6, there will be many
more investors ready and willing to buy it up. Especially as more analyst reports and
related news comes out. New investors will not miss the buying opportunity,
especially in light of today's action.

My only question and concern now is: How will this stock fair if the overall market
really takes a dive? Today's action wasn't all that encouraging, at least to me. Any
thoughts?

Luis
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