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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Jan 15 4:00 PM EST
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To: Eric Hathaway who wrote (3189)3/12/1997 4:52:00 PM
From: Brad Hill   of 13091
 
You can add my name to the list of unspooked. Today's release, despite its sloppy pedestrianism, is one of the best releases during this entire saga since the first of the year, because it relates directly (if approximately) to long-term earnings. In this way it's more substantial than the operability press release that we all waited for so tensely. The larger investment community must now be getting its first sense of where this company's present and future valuation actually lies. I feel this has the effect of strengthening the quality of the price support we have at different levels. As any price level turns from speculative support to factual support, it becomes a more solid foundation for price growth. The Q1 earnings release will have a similar effect if it meets the stated expectation of .08-- even more if higher.

So even though we ended up down for the day, and ten days ago I never would have expected to see us under seven dollars, this feels like a good day. I remember my feeling when I bought my first GRNO lot at 1.62... that shaky, penny-stock feeling <g>. I became confident pretty quickly, of course, and today I became even more sure-footed.

It's especially great to see the calm lack of intimidation among this group.

-- Brad
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