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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Jan 8 4:00 PM EST

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To: Hawkmoon who wrote (331)11/26/1996 11:03:00 AM
From: Andrew   of 13091
 
If projections are correct, the "big boys" really don't lose that much by waiting a bit longer before climbing on board. Why not wait until more of the risk is taken out of the stock by the successful demonstration of the processor? If they buy in at $3 or even $4 a share, that isn't much of a sacrifice if GRNO is projected with 75 percent assurance of attaining $.50 - $.75 earnings for 1997. Why chance losing your capital at $2/share (50 percent or greater risk)? Also, the marketability of a security is enhanced by reaching the psychologically important $3 and $5 price thresholds.

IMHO we would all be better off shutting down this thread for a few days, weeks, or even a month or two to allow the market to reach equilibrium on the GRNO share valuation. The daily desperation of our focus on short term price fluctuations is self-defeating and undermines the long-term investment philosophy that we all profess to follow.

<< In sum, the big boys may indeed be waiting on the sidelines thinking that they have time to get
involved. I do know that once the processor is up and running, it will be far more expensive for
them to get a seat at the table.
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