Stop with the BS. All energy related stocks, and small caps in general are getting hammered over the last few months. There are new institutions buying, as of 6/30. I'm losing money on RTK too, but creating rumors just to create them
Unfortunately I have 75K shares of this POS that I need $2 to breakeven. This is all I want and will forever forget this company
Follow up. I'm not opposed to RS when the Company is making money, doing well, hitting estimates and all good things, but the stock doesn't move. RS is probably needed there. But a company like rentech that has never done anything well other than destroy shareholder value, RS is not a good option. If they do this later in the year, when hopefully things are going well and we are trading higher, say $2 or $3, then maybe a RS would be ok. But right now, I don't get it!!
what the hell are you guys talking about, reverse stock split. They are owned by more than 70% institutional now, so why reverse split. RTK never said that. Give it another quarter, we may over $2. The major problem for this company was ramsbottom and he's gone.
I agree, there are lots of idiots on this board. I have been here around 18 years, starting with Covad and Corr therapeutics. they were not many idiots then
Sentiment: Strong Buy