Green Oasis (GRNO)

[techtrade]

It's being manipulated down, not sold down.

That may be true, but the real problem is that it's not being bid up. And clearly some have been taking advantage of any strength to sell. However, I think that may be coming near an end.

Also, the PPS for GRNO isn't going to be reflected day to day based on the current oil prices because they are not directly related. Just because the oil price rises, doesn't necessarily mean that revenue for GRNO increases. They are related, but not directly. A steady oil price above normal will lead to an increase in GRNO business which means more revenue.

Yeah I hear that. I don't expect GRNO to track the price of oil on a day to day basis, but it should receive some support from oil trading higher for any length of time. With oil trading in the high $80s and above, I think it's reasonable to take their record December revenue (half a million) and start extrapolating it forward for as long as the price of oil is elevated.

Stay stong techrade. Hold on to what you hold and know what it's worth.

I have no intention of going anywhere. I may bitch and whine occasionally, but I believe my investment will make me a nice return. In fact I intend to add some this week as I believe the downtrend is getting ready to reverse.