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: Andrew H who wrote (10866)	10/12/1998 4:49:00 PM
From: Webster Groves	Read Replies (3) of 14347

Anybody see RNTK falling back to 7/16 please raise your hand. Hmmm..don't see any. I bought back in a bit today at 7/8. Normally when it's easy to buy at the bid that means the MM think it will drop further. I hope so. True investors wanting real gains should cheer these drops and buy more. By the way I last sold at 2 5/16 (Ahh, the good ole' days!), and have been waiting for the announcement. If there still are preferred shares out to convert, and they sell immediately, then the price doesn't matter. They're dealing in fixed number of $$$ and a discount price. But if they see value in holding after converting, expect the bid on RNTK to be as low as possible consistent with converting, so as to maximize the number of common shares realized. As long as there is buying interest (and there should be) then the previous label "floorless" is irrelevant, because TX is installing a nice hardwood floor right now. -wg

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