Floorless Preferred Stock/Debenture Message Board

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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: eric deaver who wrote (159)	10/12/1998 4:53:00 PM
From: ChrisJP	Read Replies (1) of 1438

Hi Eric, Yes I know that down the road, RNTK has enormous upside potential, but today's trading is further proof that too many of its investors are short term day trader types. What do you make of the HUGE (40000, 50000, 80000) share trades, which did not budge the bid/ask ? Funny how a relatively low volume this morning (200,000 shares) brought RNTK's price down 1/4 point, but an 80000 share trade did nothing. Maybe Zeev can tell us if he thinks the trades were conversions or shorting. The RNTK thread doesn't seem to care or notice. How odd. They are in warm water which is being raised 1 degree at a time so they won't notice when it is too hot for them to survive. Chris

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