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Non-Tech : Bill Wexler's Dog Pound
REFR 1.860-4.1%Nov 3 3:59 PM EST

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To: RockyBalboa who wrote (8356)9/25/2001 9:09:34 PM
From: BinkY2K  Read Replies (1) of 10293
 
Infostream, why ask now?

REFR went up another 19% today and you suggest there is something wrong with my evaluation of the company?

I do not base it on the daily stock price since I have seen shorts manipulate it and I largely ignore the swings except for buying opportunities. I said I base it on studying what they are doing and the licensees and the prospects for the future.

The press release today spelled quite a bit of it out nicely. Hankuk has a subsidiary, SPDi, that says it will produce lots of SPD film. This was known by anyone paying attention and this release confirmed it and gave dates and amounts and named the customers who already are getting film and did not mention the name of the car company, but it is likely Daimler or perhaps Hyundai. I know what kinds of revenues that will mean, and I expect others to be making film and lots of others to be making final products. The company will much more than cover expenses and will be very profitable.

Any cursory DD would have answered the question.

I remain very bullish and am glad I have been buying more using new cash.

May I suggest you not try to make believe you are at all objective. People like Wexler use illogical arguments that when a stock goes down (or more accurately is pushed then it proves it is a fraud so everyone should sell. When it moves back up strongly, they do not suggest that it means THEY (and Asensio) are a fraud and instead start mumbling about volume not being high enough. Bull! Volume was much more than average and they are afraid to short more and are covering.

It is that simple!
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