THAT IS A GOOD question!!! I'll be forwarding your message to the company and its representatives. With an ask of $2 1/4 and ridiculous bid of $1.87, that should have been filled.
I been speculating that the mmkrs are running out of shares out there and have dropped the bid in order to scare up some shares. I can't remember the last time that GRNO had no volume.
The rumour, as evidenced by certain mmkrs weighing heavily on the bid side, is that several mmkrs were putting out "naked shorts" selling GRNO stock to us folks out here and hoping that a subsequent drop would shake out enough shares with which to cover this "short position" As a Bulletin Board stock under $5 GRNO is not available to be shorted by the general public. However, mmkrs, being the "gods" that they are able to set the price any way they wish. Bill and Bo were looking at yesterdays trades and saw slightly more buys at $2 1/4 than evidents sales at $2.
If I was the scheming, manipulative type, I would suggest to all of you out there that we have the making of a definite short squeeze out there. MMkrs HATE to lose money and will manipulate the stock in order to achieve their ends, (ie. covering their short positions with cheaper stock) A moderate to large amount of selling would likely send them scrambling and jumping the bid price up. Both gap-ups that we seen in the recent past, are indicative of the fact that it doesn't take much buying to send the stock price up a full point. And that equates to a 50% gain to those that set their sell stops. However, that is for the rest of you. I'm content to hold my shares until we see $8-10.
BTW, the website was updated to include some extensive technical information. Hit this link, greenoasis.com
and click on the technical information link towards the bottom of the page. This should provide the rest of you with most of the stuff that I have. Not necessarily the laymen out there, but very interesting data.
Finally, the Wall St. Corporate Reporter published an interview with Bill Carraway and Bo O'Brien. I have the publisher's permission to retype and post them. I'm half way through Bill's interview and will post it here when I have it complete.
Regards,
Ron
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