Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.730

+10.2%

Nov 11 3:57 PM EST

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To: Bill Wexler who wrote (5787)	12/30/1999
From: BinkY2K	Read Replies (1) of 10293

Bill, predicting from the past is for fools. OK. I now understand your position. You want to stay short in REFR indefinitely until it hits 9 or less. Your loss. Your arguments from the past are now irrelevant and I see no reason to rehash it. Following your reasoning, no stock would ever go above its 52 week high since it has never done so. Your attitude is not mathematically sound. Sounds more like wishful thinking. Unsound arguments don't convince people like me. Bottom line. I believe that the 30 years with no profits was spent producing a product that is NOW ready. So, I do expect profits real soon and will be there. You, on the other hand, are open to an indefinitely large loss if you are wrong. Your choice. Your basic premise is that it is a fraud. My evaluation is that it isn't. We both placed our bets. But, I submit I can place larger bets and keep this stock as high as I want and as long as I want until the news is out. I have help. How much interest are you willing to pay on your short position and for how long?

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