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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: Andrew H who wrote (10457)10/8/1998 9:23:00 PM
From: ChrisJP  Read Replies (1) of 14347
 
>> Furthermore, we have an unusual situation here in which volume and price did not precede the news. <<

In retrospect we call all see that the conversion we experienced a week or 2 ago with no drop in price was in fact the hint that news was on its way (IMO and I posted my thoughts at the time). RNTK's price collapse before the news was due to investors collectively throwing in the towel after so many missed "deal dates".

Andrew, you have a right to feel vindicated about RNTK, but I would be very careful about calling Zeev names. The price of every other stock with convertibles he has warned about is a tiny fraction of the price it was when Zeev informed its SI thread. He has saved many people a lot of money.

Have some fun !! Go find a thread of a floorless stock and go back in time and read the thread posters wringing their hands and ask "Oh why, oh why is our beloved company's stock drizzling away ?", punctated by "Buying Opportunity !" or the ever popular "It can't possibly go any lower !". Read post after post as these people lost thousands upon thousands of dollars and lash out at anyone who tells them that maybe there's something wrong. DO IT RIGHT NOW !!! Start with the FTEL thread -- down 95% in 12 months. The true believers still haven't figured it out, and when told will not believe !

Regards,
Chris
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