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


To: Im-patient who wrote (1039)2/9/1998 3:36:00 PM
From: Andrew H  Read Replies (1) | Respond to of 14347
 
Two ways to look at RNTK, assuming they will be signing a deal with TX within the next 45-90 days.

1) the stock price will continue to fluctuate but work its way higher as more players realize that this deal is going to happen and as previous holders take profits and the stock moves into stronger hands. The sooner the dealm the better for this scenario.

2) the stock price will drop back to its previous range of about 15/16 if the deal is not announced in the next couple of weeks on disappointment that no deal has been announced. If you believe that the company will eventually sign deals with TX or others, you should see this as a buying opportunity.

But really, IMO, this is a company to buy and hold. So get the best price you can, put it away and hold on for dear life when it starts to move!!