Rentech, Inc. (NYSEMKT:RTK)
CAPS Rating:
The Company offers energy independence technologies utilizing domestic resources to economically produce ultra-clean synthetic fuels.
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The Company offers energy independence technologies utilizing domestic resources to economically produce ultra-clean synthetic fuels.
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Middle East turmoil make alt fuels attractive. Also, if larger oil companies see opportunity, they may make a run at small independents...military is also looking at alt fuel should supplies be limited and of course there is the Green movement that could support some upward pricing. I am buying and holding...
Posted at 3:33:33
Nice!
There is also the issue of resistance many have to increasing ethanol in gasoline supply (15% rather than 10%). As I understand it, Rentech's fuel is a drop-in fuel, requiring no modification to vehicle engines or pipelines. That could be a plus.
Up 9.7% today!
Still buying and holding!