I find all this speculation about my "true identity" extremely amusing. I get the sense that Dr.Malvino and several posters on this board think they are irrtating me or throwing me off balance. Not true. It really is just a good laugh. The fact that I made a lot of money shorting the stock is icing on the cake.
I am not Mike Wilkins or anyone else. I am not associated with any hedge funds. i think i must have posted this 20 times...but it doesn't seem to get through. Correction: you understand damn well that your lame hedge-fund conspiracy theories are garbage, but you just keep regurgitating them over, and over, and over, and over...maybe thinking that pure repitition will make this nonsense come true.
I can assure you that I am an individual investor. I have conducted similar investigations into fraudulent stock promotions in the past.
As I stated in my letter exposing Dr. Malvino. I'm not angry at him. After all, the price of the stock has determined the winner...and I'm going home with the loot.
In 1996, I began shorting "Y2K" companies. Most notably Zitel (now renamed Fortel, delisted). I ran into exactly the same sort of message-board smear tactics, obsession with short-sellers, and bizarre speculation about the "future" profits and revenues that would kill shorty.
Interestingly, there was a gentleman who was promoting the stock with nearly the same fervor as Dr. Malvino. His name was Dr. Wade Ramey - and he was (and still is ) a very intelligent and accomplished mathematician. However, he couldn't permit to set his ego aside for one moment and consider that perhaps his investing acumen wasn't as good as his math ability.
This is exactly why some of the biggest suckers of investment frauds tend to be people who you would otherwise think should know much better...doctors, lawyers, academics. They find it difficult to beleive that they can't simply will their investments higher by virtue of their superior intellect.
Dr. Malvino can specualte that I'm actually Osama Bin-Laden for all I care. in the meantime, I'll concentrate on the real questions: Is this a viable business? Does it have intrinsic value which is not reflected in the current stock price? Is management competent and honest, etc.
My analysis of REFR has led me to conclude that it was a fraud...nothing more. The stock price was high so I decided to short it. Simple as that.
Good luck,
BW |
