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Technology Stocks : Research Frontiers (REFR)
REFR 1.330+0.8%Jan 16 9:30 AM EST

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To: N. Dixon who wrote (4887)2/28/2004 5:07:21 AM
From: inchingup  Read Replies (1) of 50497
 
Nancy Forgot Something-REFR Longs Lost $334,000,000!

Doug-You Just Proved Your Stupidity
by: gschrimp 02/27/04 10:18 pm
Msg: 174715 of 174741

First of all you bought the lies, distortions and BS from the REFR camp.

Then you showed us you couldn't even do remidial math.

Last years low Doug was about LESS than $8 below where it is at todays close. The short position was about 2 million shares. 500,000 of these were covered at about $12 on average.

Therefore, the losses are at amximum about 2MM x's $8 or $16MM.

OTOH, REFR "investors" and long term shareholders have lost $336MM since REFR hit $40.

The nice part is when the demise of REFR is consumated REFR shorts will never pay a dime of capital gains taxes while investors will have lost $500MM.

You are truly stupid Doug. You can't do math and you can't do DD.

You make a perfect REFR long. Welcome to REFR long hell where everyday is a disaster waiting to happen.
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