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

To: Craig Lacy who wrote (10990)	10/16/1998 11:32:00 AM
From: Emec	Respond to of 14347

Not authorized to disclose terms of agreement with TX

To: Craig Lacy who wrote (10990)	10/16/1998 11:48:00 AM
From: Bradpalm1	Read Replies (2) \| Respond to of 14347

<<Any other course of action increases speculation of further dilution>> You're right, but the wise investor would use this opportunity to buy cheaper shares as others sell on this speculation (buy on fear....). I found these two posts from Yahoo very interesting as they speak to the ongoing 'game within the game' that MMs play: My uninformed braindead useless opinion Born_To_Trade Oct 15 1998 9:35PM EDT From my experience from successful penny trading I have found that when a company really sucks then the market makers do everything they can to drive the price up and when a company has great potential they do everything they can to drive the price down. They didn't drive the price up on RNTK because the buyers did it themselves in a quick burst when news came out. But they did drive it down before the news and are trying to bring it down again. This stock is going to go up IMO. This company could have 100,000,000 shares issued and it won't make a difference in the long term. Lucky for me I know how this all works so I didn't buy until after the big drop after the news. The bottom line is that a deal with TX is great news no matter how you try to anal ize it. Heres an example of MM Manipulation Born_To_Trade Oct 15 1998 10:09PM EDT On wednesday the trading was going along just fine all morning. The bid was 29/32nds and the ask was 15/16ths. There were plenty of buyers at 15/16ths and no overselling at the bid. At about 12:30 in the afternoon after someone bought a nice chunk of shares at 15/16ths the market makers dropped the bid to 7/8ths but no one sold. Then the market makers put out a 100 share sell at 7/8ths and that planted the psychological seed that the MM's needed. Then suddenly people were suckered into getting out at 7/8ths. I wonder if you have to have a degree in psychology to be a market maker? They are good at it. When you see a market maker trying to drop the price you can bet you have a good stock. Otherwise they would be using the reverse psychology the same way to drive it up if the stock sucked. We have a winner here folks.(eom)