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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: Jane4IceCream who wrote (9483)9/28/1998 12:02:00 AM
From: pressboxjr  Read Replies (3) of 14347
 
Jane, IMO, I see one of two things happening here.

1.) Conversion

2.) MM's (particulaly GRUN), dumping shares right into our laps.

As far as #2 is concerned, that could go right with #1. What I mean by that is that GRUN may be the one behind the conversion.

Hope I'm wrong, but that's what I see going on right now. And, until the conversion is over with, the price will continue to drift slowly downward. Remember, it was about a month ago that people were getting excited about the price being 1 11/32 and thinking it would go to $2 and people were screaming "IT IS TIME".

Current price now, 15/16 X 1

If no deal soon, where will the price be this time next month?

No matter to me, I stay long despite the constant babbling about the deal being done soon or next year.

HR

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