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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Jan 9 4:00 PM EST
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To: Sergio H who wrote (3267)3/15/1997 11:21:00 AM
From: Hawkmoon   of 13091
 
Sergio,

I still don't know where you derive your opinion that ALLN has finished its activity in GRNO. While I think it is probably very speculative for us to theorize on ALLN's purpose in trading GRNO, I feel strongly that it was accumulating, not selling. The only periods that I, and others, observed ALLN on the ask (selling shares to us) were when the stock was rising. This is significant in that appears they were doing this to maintain a lid on the price. When the price dipped, especially the day it went below $6, they were apparently buying every share they could lay their hands on.

If they originally had a large amount of shares to sell in the first place, it would not make sense for them to accumulate more. These would just be more shares that they would eventually have to unload.

I have seen no sign that ALLN is finished and only Monday and Tuesday's trading will indicate this. If they are, then I think that is an event of even greater significance. (my opinion)

And your correct that GRNO is still a BB stock. However, it is rapidly moving toward full Nasdaq listing and the fact that smart money has acted to solidify the stock is extremely bullish in my perspective.

Finally, I will be gone this weekend attending a funeral in Rhode Island. I should be back on Tuesday. Any email addressed to me should not be sent until Monday night.

Everyone have a great weekend!!!

Regards,

Ron
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