Volume of 500,000 or more would do the trick. Today, and tomorrow morning, could be one of the last times you can buy REFR before it goes much higher.
I have been a poster on this thread but most often just a lurker. I have watch faithful posters speak of the benefits of this last great technological arena and I have watched others simply bash it because they think it is fraudulent.
Not being one to listen to either I looked at the short sellers side and found them to be credible on one issue, the fact that insiders sold shares on a regular basis. Naturally I expected the same to take place at the end of last year but it did not. Then I thought, have they filed a "planned sale" and simply not executed on it. Nope, no planned sales filed. Then I said something is different this time and I dug a little more and discovered that I was right. No insider at REFR has any intention or has made any arrangements to sell shares. For the first time in quite some time, the insiders are holding their shares.
That was all I needed. We started to accumulate some shares when the stock held $10, then bought a few more when it held $12. After determining that insiders were not going to sell any shares, we bought more towards the close today and will continue to accumulate shares going forward.
I harbor no ill will towards those who disagree with my opinion. I am not always going to be right and neither will they but at this point, it is my belief that REFR is going to move higher in price. Time will tell but if indeed, the insiders are holding their shares close to their chest, the chances of the stock going higher are much greater. It is finally time to buy and hold REFR shares.
Best to all as always and do your own due diligence. I have done mine and expect the price of REFR to move higher. |
