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Non-Tech : Bill Wexler's Dog Pound
REFR 1.655+2.8%Dec 3 3:58 PM EST

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To: Bill Wexler who started this subject3/28/2003 2:50:03 PM
From: Bill Wexler  Read Replies (4) of 10293
 
A warning to shorts.

I have to reiterate my warning.

I haven't changed my mind one bit about REFR's business....BUT I WOULDN'T RESHORT THE STOCK HERE...not yet, and if you're still short, you may want to consider covering.

The float is still way too tight, and if/when the market recovers, REFR has a good chance of being squeezed. It is too risky to gamble that they'll run out of money before that happens.

It's tough to go long this market but - ironically - it may be even tougher to go short.

Remember - there are times when there are extreme disconnects between company fundamentals and stock prices. If you don't believe me, check out SPRI
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