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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 2 4:00 PM EST
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To: John Brockman who wrote (4533)4/30/1997 3:06:00 PM
From: Thomas Kirwin   of 13091
 
John,

The recent decline in the stock price may be attributable to many factors. The most obvious is that there are more sellers than buyers. The sellers are supplying more shares to the market that has little demand for this stock so the price tumbles on insignificant volume. Don't forget that GRNO is a BB stock traded OTC. Such stocks often exhibit large swings in price over short periods.

Of course the T&A guys will have other ideas or explainations involving divergence, bands, trends, triangles and tea leaves. Pick your poison.

Regards,

Tom
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