>>> $4.44 (2 times 2.22) here twice <<<
(3 times 2.22) is 666 ......which is the "Mark of the Ramsbottom" .... apparently it's tattooed on all fervent RTK shareholders.
(2 times 2.22) is the share price at which RTK can force conversion of the preferred...and at which time the preferred holders may hedge...and the price that the Rentech Nitrogen units backstopping the preferred are released.
(2 times 2.22) or $4.44 is also a price "attractant" .... a number thrown out by those wishing to attract others to that price.