Thursday, September 24, 2009

Delivering CLEAN trading solutions! ~ *LONG* Rentech, Inc. (Public, AMEX:RTK)

the mouth of profits!

$1.70 -0.10 (-5.56%)

feed the beast.

.... in an attempt to find a BULLish excuse ... the "was" $2 buck chuck'r turned flag monster! .... BUY $RTK on the DIP!

p.s. WatchList adds $GU $1.90 -0.06 (-3.06%) .... ark, ark!


BUY ON THE DIP said...

feed the beast!

Rentech, Inc., a US-based provider of clean energy solutions, has signed a definitive subscription agreement to sell an aggregate of 11,111,000 shares of its common stock to institutional investors at a price of $1.80 per share. The transaction will result in gross proceeds of approximately $20 million.

Brean Murray, Carret & Co., LLC is acting as placement agent for the offering, which is expected to close on September 28, 2009.

Anonymous said...

Is it broadly logical to think...

Because some traders get positions off their accounts before weekends....the price would drop and hence it is a better time of the week to buy?

Or doesn't that have any effect at all.... Friday afternoon?

Anonymous said...

Also, do you know anything about the new IPO Game... there was a lot of talk on it before it went public and it has dropped some.. is this a good point to get in?

BUY ON THE DIP said...

RTK 1.73 +0.02 +1.18%
YRCW 4.33 -0.31 -6.68%

FNM 1.60 +0.03 1.91%
FRE 1.91 +0.04 2.14%

PWAV 1.58 0.00 0.00%
RAS 3.00 +0.11 3.81%

NVAX 4.41 +0.61 16.05% *added today
DVAX 1.89 +0.11 6.18% *added today

Anonymous said...

RTK broke the support level today. Are you taking a loss and moving on or do you think it is sensible to wait?