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


To: MPullee who wrote (1994)3/15/1998 3:12:00 AM
From: Sung Kim  Read Replies (1) | Respond to of 14347
 
From my experience with RNTK price movement I speculate that the price will open at the previous closing price. There was no massive buying at the end, and there was a hesitation during the last hour to see if the there would be buying or selling. Well I think that it is self evident that people are speculating that news will be released on Monday. We just had more buyers than sellers on Thursday and Friday. I saw this one coming. Speculators will big money had a big part in helping push the price up. Right, TM?

If no news is released on Monday the price will start to drop. If we get no news at all during the entire week, the price will continue to drop as confidence dwindles. Remember that Friday morning started off slow this tells me that it was mostly strong and panic buying that forced the price up. I doubt that anyone who is in the know is buying this late at this price. They would have loaded up at the beginning of the month. I personally am speculating that any announcement will be made at the meeting. An announcement of such impact to Rentech and the industry must have major exposure. What better place to do it than at a investment firm.

Good luck to all. I'm hoping that Rentech will deliver.