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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: Webster Groves who wrote (10867)10/12/1998 5:00:00 PM
From: Charles T. Russell  Read Replies (2) of 14347
 
I think that .75 is more likely the center of the trading range. It won't go much higher in this market. Wait till next year though, the markets will probably begin to turn around near the end of the first quarter.

The RNTK 'announcement' has helped very little. With no details, it is almost impossible to value the deal. Without a value, this is still a speculative stock. Certainly less speculative than it was last week, but speculative still.

Re: float, I believe we are in the 42M range right now. The June 8K was listing 38M. With the conversions, and yes I did the math, I'm estimating 42M.
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