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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 (5814)	6/26/1998 11:22:00 AM
From: Andrew H	Respond to of 14347

Well support at 1 3/4 has been broken and is now at 1 23/32, but I am not too concerned about 1/32 here or there. Just waiting for the deal. However, it would be nice if the stock had a base of at least 2.5 when the deal was announced. Back to the waiting game. Fridays are usually strong for RNTK because investors do not want to miss out on a weekend announcement. Today, however, volume is continuing to slack off from the excitement of Wednesday's announcement. Looks like everything is being played very close to the chest here. We might have verrry little notice of an announcement.

To: Micropicker who wrote (5814)	6/26/1998 11:26:00 AM
From: Eski	Read Replies (1) \| Respond to of 14347

<< 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.>> If we get no news until 60 to 90 day's, it will be more then 1/8 drop more like 1/2 point or more, if half a million shares decided to bail out. Like I said yesterday I would have NEVER put out a press release of that nature if news wasn't out within a week. If not it was a BS press release to appease investor's which isn't acceptable. Just my opinion. Wife want's me to buy more for kid's school. Eski