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: Andrew H who wrote (10957)10/14/1998 10:20:00 PM
From: LAWRENCE C.  Read Replies (2) of 14347
 
Andrew, I agree that most of the preferreds have probably been converted. IMHO The sale of the converted shares produced an excess of shares for sale that contributed to the slide prior to the announcement of the deal.
When the pop wasn't as large as expected some folks decided to bail out.
In any case the share price held up better today bid 7/8 and ask in 29/32-15/16 range.
Lucky Lawrence
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext