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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?

To: Lord Smooth who wrote (353)	11/9/1997 3:07:00 PM
From: Lord Smooth	Read Replies (1) \| Respond to of 14347

Well, let me answer my own question. SOLVQ was under FBI investigation in 3/96. Around that time Dan Dorfman was citing rumors that SOLVQ technology did not work, stock manipulation and mob ties. A Deutsche Morgan Grenfell analyst later took early retirement for recommending SOLVQ (denied of course by the analyst and company). People were shorting the stock like crazy. At one point SOLVQ was at $36; now it's around $1 7/8. So until we see Dorfman or FBI pop up on Dow Jones News and until we see rampant short sellers and hear negative rumors, I'd say I'm still pretty comfortable with holding on to RNTK shares and possibly buying more at lower levels. It's still a risky bet though. I want to prove this technical analyst wrong (he may be right short term, but we already agreed the stock would trend down if no JV was announced; longer term, well, hopefully it will pan out). S