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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: John S. Baker who wrote (7118)8/13/1998 9:36:00 AM
From: ChrisJP  Read Replies (3) of 14347
 
But John ....

Help me draw a conclusion from your post. The way I see it, floorless (or semi-floorless) or not, the fact is that they converted most of the shares. So if they shorted and then converted to cover, then this is still bullish because they chose to cover with a large percentage of their shares now as opposed to attempting to drive the price down to .01. In a real floorless situation, they short and then cover with only a fraction of the shares, thereby enabling them to repeat the process indefinitely.

What is your agenda here ? You add conjecture to the discussion but do not follow through on your own logic.

Thanks in advance,
Chris
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