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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: chirodoc who wrote (6617)8/5/1998 7:42:00 AM
From: Pakman2000  Read Replies (1) of 14347
 
I think that the major reason for most of the decline in the price of RNTK has to do with Margin Calls. In very bad markets investors are forced to liquidate some of their holdings due to margin calls. Makes perfect sense here. Many investors feel that they can liquidate RNTK and get back in before the announcement......maybe at a better price. Who knows maybe they can. I have seen a couple of dips to the 1 1/8 levels and shares have been gobbled up very quickly bringing us back to 1 3/16.....1 1/4. As soon as the market cools down, I believe we will start go back up again. Momentum should start to bring us up as well in the next week or so. Lots of people out there will be getting in position for the possibility of an August/Septemeber announcement.
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