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Rentech Nitrogen Partners, L.P. Message Board

  • hoodsie99 hoodsie99 Mar 25, 2013 10:32 AM Flag

    Even a great business like ammonium nitrate fertilizer can suffer from

    lousy management.......RTK ceased operations finally after never making money.They fell into RNF and in no time are destroying a money machine.....first a lower margin acquisition....then two expansion projects simultaneously followed by downtime and rising NG prices....this is a cyclical business and they diluted the
    highest margin opportunity for an uncertain future.....I was in at $22.00 and wouldn't have held RNF a year until June.....but I have to say adios!!!!! UAN will benefit!!!

 
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