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: eric deaver who wrote (9295)	9/24/1998 4:21:00 PM
From: ChrisJP	Read Replies (1) of 14347

Eric, There's no question in my mind that the activity were seeing is the prefered share holders covering their short position by converting. I'm guessing RNTK issued 100,000 prefereds (for $10/each) which comes to 1M+ shares. They've gotta almost be done given the volume we've seen over the past 4 sessions. If I'm right, this is know as the "end-game", where the downaward pressure on the stock price is lifted and it is now able to head upward. In the past, the conversions/dilutions have been more subtle (IMO). I'm hoping that the reason for the blatant conversions is that the short positions feel compelled to cover now. This would lead you to believe that there is imminent news which will dramatically (and positively) affect RNTK's stock price. Regards, Chris

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