Green Oasis (GRNO)

[livinginstyle]

You are not being yelled at by the way, people are trying to nurture you,lol sea

LOL, I understand where everyone is coming from, really. That said, I hold 40K as a starter position. I will not average up. Whenever I do that, it always costs me. I have been trading for a very long time, way before online access. I am a very good trader with about a 75% win rate. I read charts quite well. Never have I seen a stock go straight up with out pullbacks. Once a pullback starts, it can be like a landslide. Doesn't matter what the float is or how it's locked up.

Lets say you guys have the float locked like you insist. Now, what about the people like me that have been buying last few days? Most of the buys are probably not part of your group. Once they start selling, buyers may step aside to see what's going to happen. Now, once buyers dry up, sellers rule. They start smacking the bid and the M&M's start lowering it looking for buyers. As this is happening, some panic will enter and take it lower yet. If you look at a lot of charts, the one thing that always jumps out at ya is how much less volume it takes to drop a stock than it does to raise one. Not saying that will happen here for sure, but I am saving dry powder incase it does.