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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Nov 21 4:00 PM EST

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To: Hawkmoon who wrote (320)11/25/1996 5:05:00 PM
From: Hawkmoon   of 13091
 
Howdy All!!

I called Bo O'Brien and he seem perplexed as well by the lack of upside on the stock. The only thing that he could hypothesize is that there may a rolling short out there from individuals hoping that folks will buy today and the buying will dry up later on this week. I don't know, but he also said that DJones apparently failed to carry the news release today or delivered it late. Anyone out there that can confirm this?? Hopefully, if this is the case, we saw many of these people cover there positions and we'll see continued upside.

If we had a late news release delivery, then we may find some carryover tomorrow as the latecomers catch the news.

A funny story. I was in DC this afternoon doing an errand, and popped into a Olde Brokerage on K ST. I know this broker there as we have discussed opening an account there before, and I asked if he could pop up a quote on GRNO for me. The funny thing is that this broker behind him asked who the h*ll GRNO is, as he just had a client call him to place an order to buy it.... :0) Of course I told him what I knew about the company. He seemed skeptical, as they all do, but I said that the "proof in the pudding" will come sometime in Dec when Unit #1 is operational. Then we'll all know for sure whether we made the right decision or not... :0) He said he would keep an eye on it.

On another note, apparently the government is scheduled to come out with a tougher 10 year plan aimed at ending the burning of waste oil as fuel. Bo said that if this correct, it could mean that all waste oil will have to be processed by equipment like GRNO's in order to convert it into a cleaner source of fuel. Stay tuned for further details.
Regards,

Ron
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