Rentech(RTK) - gas-to-liquids and cleaner fuel Message Board

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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: S.C. Barnard who wrote (6258)	7/20/1998 4:15:00 PM
From: SC Anderson	Read Replies (1) of 14347

Assuming the float is in the neighborhood of 35M shares, today's volume of 351K (actually 175,500 shares as NASDAQ double counts)equals about 1/2 of 1 percent of the float. And of that, if we had 70/30 sells-to-buys, the sells represented roughly 1/3 of 1 percent of the float. And certainly many of those were daytraders. What's it all mean? Doesn't look to me like a mass exit. Just some weak hand MM's and folks tired of waiting and needing to put their money elsewhere is my guess. The other 99.66% of us are holding and/or buying. Just my take. Steve

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