Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.560

-2.5%

Nov 7 9:30 AM EST

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To: Paul A who wrote (2825)	8/4/1999 6:43:00 PM
From: Bill Wexler	Read Replies (1) of 10293

<<I covered my REFR today in the hopes of getting positioned better>> A mistake. REFR should be shorted at any price over 0. <<but this thing is like watching paint dry!>> So what? There are many worthless companies that seem to hang on for long periods of time. However, it is 100% certain that eventually their underlying value (or lack thereof) gets reflected in the stock price. Every day REFR remains marginable is another day I can take a whack at it. <<I smell an upgrade coming for CVSN also.. Id really like someone with a bit more experience than myself to explain why stocks such as CVSN and REFR hold steady/move up during market turmoil...>> They may be thinly traded or there may be deliberate manipulation. <<Even CUST was strong today>> My guess is that the gamblers simply played around with the stock the whole day until they were dumped on by real sellers near the close. CUST is headed back for the low single digits.

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