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


To: Charliss who wrote (7259)8/14/1998 11:03:00 AM
From: Emec  Respond to of 14347
 
If there is a leak, I expect you will see RNTK run past 3 before release. depending on terms of the release, I imagine you will see profit taking and a buying opportunity at 2 1/2 or so before the buying starts again. If there is no leak and news hits, there is a valid reason to believe the stock will run to 3 1/2 on news since it has already done almost that on rumor of news



To: Charliss who wrote (7259)8/14/1998 12:26:00 PM
From: LAWRENCE C.  Read Replies (1) | Respond to of 14347
 
Sherwin Williams is selling for a P/E of 19.
If more brokerage analysts add coverage of RNTK after a deal, we would get wider exposure. Also if projected earnings go up we should see a rise based on forward earnings. So the terms of a TX deal make a big difference for RNTK. When they become cash positive, they won't have to pay for everything with stock.
What P/E would RNTK get based on a TX deal with possibility of other deals to follow? That's a guessing game.
Lucky Lawrence