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


To: Andrew H who wrote (5812)6/26/1998 10:56:00 AM
From: Mighty_Mezz  Respond to of 14347
 
207.226.179.207 says 2 institutions hold RNTK



To: Andrew H who wrote (5812)6/26/1998 10:57:00 AM
From: Micropicker  Read Replies (2) | Respond to of 14347
 
Good support at 1-3/4.

Looks like the annual meeting may have ratcheted up the support level from 1-5/8ths to 1-3/4ths. Not much, but not bad. I certainly wouldn't want to sell at 1-3/4ths, and we seem to have enough buyers at 1-13/16ths to hold us there. It almost goes without saying that if news doesn't come in the next week or two, we will probably continue the RNTK pattern and dip back down an 1/8th or so.

It's interesting to hear Mark's comments. It sure makes me think that the negotiations have concluded and that RNTK's involvement in the deal is finished. I almost get the feeling that the deal has been completed and that Texaco lawyers are just reviewing it one last time before it is released. Hope so.