SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel
RTK 0.200+5.3%Oct 13 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SKARLOEY who wrote (8473)9/10/1998 3:07:00 PM
From: eric deaver  Read Replies (2) of 14347
 
Good one :)

I think that originally the 5-8 range was pretty valid. Maybe one could say the 4-6 range simply by trying to account for the effects of dilution - I'm guessing some 20% dilution. I am not worried about momentum. There have been so many fake rumors and TX/RNTK are playing this so close to their chest that the stock will no longer move on rumor but must have the deal. I also question the validity of the theory regarding price and volume jump just before the announcement for the same reasons. IMO, you should compare the effects of earlier rumors (back when we believed them) on the stock price to gauge what will happen when the deal is announced. There are an awful lot of people quietly watching this one, apparently. All ready to jump in and willing to give up the first 10-20% of the ride for the comfort factor of the "real thing".

BTW, also consider what will happen to this SCAM talk once RNTK is validated by the TX deal. That is sure to have a permanent effect on the price, IMO.

FWIW,
Eric
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext