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

To: Shadow who wrote (8623)	9/12/1998 9:02:00 PM
From: ChrisJP	Respond to of 14347

Hi Shadow, After TMex posted that Dennis Yak told him "by end-of-summer", I wanted to get a second opinion so I called Mark. He confirmed that RNTK (at that time) had high hopes the deal would be signed by 9/21. Clearly this a date that in their minds seems reasonable, but they are not Texaco and not in control of when this deal will be signed. So anyway, this is how the end-of-summer got cast in stone. I'm still surprised that Mark and Dennis would actually specify a particular date as opposed to a time frame. What would make them do it, knowing how mad people would be if it did not come to be ? I don't know. Everyone needs to understand that RNTK's expectations are not a guarantee that it will happen in their anticipated time frame. Invest accordingly. I also think that lack of recent price movement reflects skepticism from so many false alarms, a nervous investment environment, and the fact that people have been loading up for 4 months or more and do not plan to invest any more. Newbies take a look at the chart and see a stock which has fallen from 3 to 1. Let's hope that next week gives us a clearer sign. Regards, Chris