Thanks, T-VD. I know next to nothing about the ins and outs of value as it relates to trading securities. If I examine my moves over the last year, I see that I am primarily a momentum player. Having said that, Ballard Power isn't worth a slug either, yet it closed today at $125.00. I'll let you look over that company and make up your own mind on that one. But what I'm saying is that it isn't a question of earnings, at least not in the case of these companies. As I understand it, Rentech won't churn out a nickle until 2005.
So I rolled the dice with this company last week at 26. That simply appeared to be a current or interim bottom. All of us have to believe what we chose to believe. I don't see anything else to believe in right now with respect to GTL, except this company. I believe Rentech is pump-and-dump. I did try to play RNTK for momentum on Monday, but my broker and I "miscommunicated" and I missed out. I would have sold it at 3.50 when the volume died out in the afternoon. I know all of that is easy to say, but I've got better things to do than pull your leg on an SI thread.
BTW, and speaking of alternative, low emission power, new fuel, etc., are you following CTAL? If not, you need to, because among other very positive things, they are working on SLH's catalyst.
Regarding SEC approving the merger here, or whatever it is, I don't know anything about that sort of thing, but it does just look like SLH is throwing their money at Syntroleum's technology and that Syntroleum's glad to have it.
Good Investing, hope to talk with you again, Greg |
