SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?

To: Terry Jackson who wrote (9292)9/24/1998 3:48:00 PM
From: ChrisJP  Respond to of 14347
 
Terry, the real question is: why is the price so high after all the sells ? And don't be fooled, those trades going off at the ask are sells, not buys. If we knew why the MMs only brought the price down 1/16 after about 400,000 shares of selling, we'd have a lot of answers to what's going on. Usually, large volume with no price increase is a good sign, but I'm not sure why.

Regards,
Chris



To: Terry Jackson who wrote (9292)9/24/1998 3:53:00 PM
From: gamesmistress  Read Replies (1) | Respond to of 14347
 
This is my only conclusion:
There is still good support just below 1. The lower prices have brought out more bids - right now the B/A is 77x10. The last trade was 5000 shares at 31/31, an uptick.

It is possible the conversion is still taking place. If not, people are just waiting for the deal. Not much will happen until its announced, or until enough people get tired of waiting.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News