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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: Terry Jackson who wrote (5299)6/11/1998 1:10:00 PM
From: ChrisJP  Read Replies (3) of 14347
 
My theory regarding RNTK's price decline:

In addition to low volume attrition, remember that RNTK does not generate a lot of sales and really only has one way to pay the bills -- namely releasing shares. This, IMO has been offsetting any buying for the last week or so. Did someone mention an acquisition ? So tell me, how do they plan to raise the funds to pay for it ?

There was some fun chit-chat on the Yahoo thread this morning -- if it is to be believed, the signed deal is imminent. If, If, If ! We keep getting closer and closer to 1 1/2. Maybe next week, I'll take the plunge and buy some more !

Regards,
Chris
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