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

To: Micropicker who wrote (5807)	6/26/1998 10:19:00 AM
From: Andrew H	Read Replies (1) \| Respond to of 14347

I think when and if a good deal with TX is signed, the price should shortly reach a minimum of 5. Large mutual funds may not be buying, but hedge funds, and institutions that specialize in energy and natural resources will be buying. These people know well the history of SLHO and will be expecting similar things from RNTK. In fact a number of institutions are already holding this stock. It is true that the TX deal will just be the opening of the door for RNTK, which will be followed by a number of subsequent deals. As for marginability, we will have to see what happens. Even though RNTK is on the Nasdaq, I don't believe it meets all the requirements for marginability. That may take some time. The stock may base in the 4-8 area after the initial runup. After that the price will be based on further deals, project completion, revenues, etc. IMO.