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


To: Andrew H who wrote (10821)10/12/1998 1:46:00 PM
From: Raj Ramaswamy  Read Replies (4) | Respond to of 14347
 
I have a strong feeling that there may be a reverse split in process...can't think of any other reason for such dismal behaviour..




To: Andrew H who wrote (10821)10/12/1998 1:47:00 PM
From: Mark3000  Read Replies (1) | Respond to of 14347
 
Adding at 7/8. Getting filled at the bid. Time for all you high rollers to step up to the plate.

Do you smell what the Rock is Cooken?



To: Andrew H who wrote (10821)10/12/1998 2:01:00 PM
From: Linda Kaplan  Respond to of 14347
 
Thank you, Andy. We sorted that out on Friday, but I know there were too many notes to keep up with everything that was said.

The stocks do need to trade under $1 for 30 days (consecutively??) to be vulnerable to delisting. I don't know where RNTK was in regard to the number of days because I stopped following it. I have a lot of money in it, though (or had a lot of money, to be more accurate), so now that something is happening, I'm checking in on the thread.

I don't know if NASDAQ makes exceptions because of the market conditions (as you suggest), but I would expect that they have to try to enforce the rules uniformly, so not to be accused of bias when they do delist a company.

Linda