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

To: jwk who wrote (10526)	10/9/1998 8:58:00 AM
From: Charles T. Russell	Read Replies (1) \| Respond to of 14347

JWK - I was as surprised as anyone, quite pleasantly I might add. I am long on RNTK, and was ready to settle in for next year. I've enjoyed the celebratory posts, having scanned through most of them. Several folks here are correct, had the announcement not been given we could have seen the south .40s. But now that we are above a 1$ again, we should see a lot of conversions over the next few days; which is good news. Several 2M+ volume days should wring out the remaing convertible debt. After that, given a sane market, we should see RNTK move; certainly over $2. I think the market will need to understand the financial value of the deal and the projected licensing revenues before it can put more than a speculative valuation on the stock. Time will tell; and I'm going to hold what I own for a pretty long time.