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

To: Webster Groves who wrote (10867)	10/12/1998 4:58:00 PM
From: Shadow	Respond to of 14347

Nothing like a down day to get the fur flying :-)

To: Webster Groves who wrote (10867)	10/12/1998 5:00:00 PM
From: Charles T. Russell	Read Replies (2) \| Respond to of 14347

I think that .75 is more likely the center of the trading range. It won't go much higher in this market. Wait till next year though, the markets will probably begin to turn around near the end of the first quarter. The RNTK 'announcement' has helped very little. With no details, it is almost impossible to value the deal. Without a value, this is still a speculative stock. Certainly less speculative than it was last week, but speculative still. Re: float, I believe we are in the 42M range right now. The June 8K was listing 38M. With the conversions, and yes I did the math, I'm estimating 42M.