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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: Brett S. who wrote (5041)5/22/1998 2:24:00 PM
From: rakitup  Read Replies (3) of 14347
 
To all:

I first discovered RNTK about a year ago when I looked up "white crude"
on Yahoo...after some newsletter hypist had used the term to describe
the product RNTK's process produces without revealing the name of the
company.

I became interested in the company after I did my research. It was trading
around $1 at the time. I suggested it to a friend who put in $5,000
and a day later sold for double his money, and later I watched as the
shares for over 3 before retracing. Because I have watched the prices
daily in IBD I get the feeling this might be a good rolling stock to
trade in and out but I haven't done so.

What really troubles me about this company is it has been around since
1982 and hasn't accomplished much in all that time. It's been seven
or eight years since the plant was dismantled in Colorado and sent to
India and nothing has come of all that to date. The technology has
promise just as does that of another of my favorites Voxel, but VOXL
dropped from 5 to 2 last week. It could easily happen here with RNTK
as well. I haven't made any money to date on RNTK and I'm thinking
of looking for greener pastures, like trading sugar.

Rak up a winner.
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