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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: ELIGEM who wrote (2355)3/22/1998 10:17:00 AM
From: Hawkmoon  Read Replies (1) of 14347
 
Eligem,

Actually, I opine that wherever we are price wise the day of the announcement will become the new bottom support level. However, I certainly see this stock heading for $5+ afterward, depending on the actual details of the contract. The one thing I like about RNTK is that the element of "IF" seems somewhat negligible, given the attention to GTL being reported in public journals. No, the element of "WHEN" is all that really in doubt, and that is when the market and traders will have their fun.

The reason we haven't progressed further in price action is simply that there has to be considerable resistance built up that we have to bust through at $2 1/4.

After that... to the moooon!!!..

Regards,

Ron
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