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


To: SKARLOEY who wrote (8473)9/10/1998 3:07:00 PM
From: eric deaver  Read Replies (2) | Respond to of 14347
 
Good one :)

I think that originally the 5-8 range was pretty valid. Maybe one could say the 4-6 range simply by trying to account for the effects of dilution - I'm guessing some 20% dilution. I am not worried about momentum. There have been so many fake rumors and TX/RNTK are playing this so close to their chest that the stock will no longer move on rumor but must have the deal. I also question the validity of the theory regarding price and volume jump just before the announcement for the same reasons. IMO, you should compare the effects of earlier rumors (back when we believed them) on the stock price to gauge what will happen when the deal is announced. There are an awful lot of people quietly watching this one, apparently. All ready to jump in and willing to give up the first 10-20% of the ride for the comfort factor of the "real thing".

BTW, also consider what will happen to this SCAM talk once RNTK is validated by the TX deal. That is sure to have a permanent effect on the price, IMO.

FWIW,
Eric