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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 (5068)	5/26/1998 4:00:00 PM
From: Howard Williams	Read Replies (2) \| Respond to of 14347

An interesting Yahoo post (#4221). This guy does seem to be a level-headed dude on the RNTK thread over there. Here's what he says: >>Hot Off The Press real_estate_speculator (41/M/Fort Lauderdale, FL) May 26 1998 3:21PM EDT I have posted a lot on this site in the past. Many of you know me and I have never made wild predictions. I have always said to hang in there for the long term and whether it takes 6 weeks or 6 months, the deal will happen. With that said. My sources, (which are the best and I will never revel here), have told me the deals is largely done and at the OUTSIDE it will take 45 days to take care of all the details! It is NOT a low-ball deal for RNTK. In fact, it is better than any of you probably imagine; (no I will not give out any details here). The bottom-line, despite all the discussions on this message board to the contrary, RNTK has the only technology that really fits the needs of Texaco. I have verified this information. Do not believe it if you want, but I am on the money on this one.<< BTW, I think we're just languishing in "No News Land".......hence the drop today. And if it takes another 45 days, we could see more drift downward, IMHO. H.W.

To: Lord Smooth who wrote (5068)	5/26/1998 5:21:00 PM
From: LAWRENCE C.	Read Replies (1) \| Respond to of 14347

Yes, RNTK's plans to become cash flow positive should stabilize the price while we wait. RNTK sure requires a lot of patience. Lucky Lawrence

To: Lord Smooth who wrote (5068)	5/27/1998 8:37:00 PM
From: DCRich	Respond to of 14347

Schopenhauer: Yes I believe it will definitely happen in time. I am patiently holding the few k shares of rntk with a tight grip. Lets keep our heads high Richard

To: Lord Smooth who wrote (5068)	5/28/1998 12:11:00 AM
From: John S. Baker	Read Replies (1) \| Respond to of 14347

Schope, I too have some concern about applying TA to a stock like RNTK ... not just because it is a low-priced stock, but because TA cannot anticipate news (unless the news is reflected in a skewed supply-demand situation due to leaks). Previously un-leaked news causes stocks to react crazily, from a TA standpoint. Having said that, ie disclaimer, I find considerable solace in the MFI for RNTK. Aggregate MFI rose during the runup to the October peak, and never retreated even though the stock price slid back down. And then during the runup to the most recent peak, the MFI rose again from that point and has withdrawn only barely perceptibly since the peak. If one subscribes to the theory that MFI represents "smart buyers", as opposed to "retail buyers," then the inference is clear that the heavy hitters are still seriously aligned with RNTK and that both the drawbacks were retail (including day trader) selling only. In other words, a real buying opportunity. Other interpretations welcome. <Caveat: I do not proclaim myself an expert in TA, and normally use it not to select my stocks, but to refine my timing.>

To: Lord Smooth who wrote (5068)	5/28/1998 2:03:00 PM
From: Lord Smooth	Read Replies (2) \| Respond to of 14347

Well, I figured out a good reason for the price decline. Share count is now at around 35 million versus 30 million in March, and most likely the brokerage firm that converted RNTK's long term convertible debt into $0.33 per warrant sold a lot at RNTK's 52-week high in April. Plus there was a large short position taken in April. The higher share count was expected, but I thought it would be a little bit later. So we were all diluted by about 16% rather quickly, and combined selling from small 2000 share holders and from the brokerage firm. We should have foreseen this. Lazy DD. Well, whatever, still holding because the big picture is warm and fuzzy. Schopenhauer