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: Emec who wrote (10556)10/9/1998 7:22:00 AM
From: ChrisJP  Read Replies (1) of 14347
 
Just think where we'd all be if we had taken up this discussion that I posted back on the 28th.

Message 5856437

IMHO, the prefered holders knew the deal was immenent. They delivered shares against their short positions (at a nice profit) and went long BIG TIME using the selling caused by the delivery of converted shares to hide their buying. Thus, they were able to buy a BOATLOAD of RNTK without affecting the price. All of us on the outside were left wondering.

So let me ask you all: If the people in the know were smart enough to make a killing when the stock went from 2 1/2 to 1, what price do you think they are planning to sell ? I seriously doubt it is anything under $2 if they sell at all.

Regards,
Chris
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext