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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Feb 5 4:00 PM EST

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To: alchemy who wrote (2866)3/4/1997 12:22:00 PM
From: Brad Hill   of 13091
 
:: It looks like the "Sell-on-the-news-crowd" is bringing us down. ::

I'm not sure about that. Buys are outnumbering sells overwhelmingly, if I'm reading the T&S correctly. I'm not sure how to explain today's action, but I think we need more volume. MMs seem willing-- they've been squeezing up the Bid agreeably, but there just isn't traffic.

:: I am looking for the volume of last summer, but it is nowhere in sight. ::

I'm looking for the volume of yesterday! <g> Seems to me some initial institutional positions were established yesterday, and now everyone's sitting around waiting. Just a guess. Maybe we'll see some action during the afternoon. I'm confident we'll have additional news relating more directly to earnings soon, and that'll help.

-- Brad
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