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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: Zeev Hed who wrote (10479)10/8/1998 10:43:00 PM
From: CoffeePot  Read Replies (1) of 14347
 
oh yea, good job on ctys, but again I think you were placing far too much emphasis on the convertable debt instead of what's really important, business strategy. Upon reflection, it looks like ctys was the begining of the sub-prime melt down, FP and many, many other sub-prime lenders are now on the brink of bankruptcy, the main reason ctys went first wasn't because of the floorless, but their high default rate in the u.k. otherwise ctys would probably be where FP is now today. In short, I think to a great extent a company's business strategy should be the first consideration and then financing issues. If a viable business plan is at hand, a company should have plenty negotiating room for financing. And RNTK meets the first criteria IHMO
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