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

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To: Polarisdriver who wrote (47)9/24/1996 12:11:00 PM
From: Charles A. King   of 13091
 
"I noted last night the large gap (to me - a novice) between the bid/ask. If memory
serves, the 9/23 ending bid was 3.062, and the ask was 3.5. Now I see this AM that it
is 3.375.

Any significance to the reduction of the ask? Or is it normal."

A low bid is to catch those who want to sell because they haven't heard the news. A high ask is to catch those who have heard the news. The dropping of the ask indicates a drying up of new buying. My opinion only.

Charles

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