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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel
RTK 0.200+5.3%Oct 13 5:00 PM EST

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To: eric deaver who wrote (6828)8/7/1998 11:31:00 PM
From: Texas77  Read Replies (1) of 14347
 
<<Looks like maybe more accumulating action. (i.e., start a rally, sell into the buying and buy into the selling). With the moves we saw today, you would end up with some 40% increase in your shares.>>

Yes - but it would require some real skill - plus a way to cause the buying. Like a network or such. Trading on a run such as we had would subject the seller to missing the real move. Very risky to try to trade a stock that moves on news - unless of course you are sure that news won't be out on the weekend or Monday. I only read one poster on this thread that seems to be sure of it.

<<If my logic is off - feel free to flame.>>

Good logic. But I just hold during rallies like this if I believe in the company.

I don't believe or disbelieve in RNTK at this point - but I don't like the false runs we keep seeing with this stock and when some concrete news came out last month it didn't seem to respond.
When/if? the contract is ready to be signed - I believe we will see this thing retrace it's decline without pullbacks at small resistance points such as we witnessed today. Monday should tell us something.
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