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Technology Stocks : Research Frontiers (REFR)
REFR 1.390-1.4%Dec 24 9:30 AM EST

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From: N. Dixon5/5/2005 12:55:00 PM
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"Insider Activity
The significance of insider activity on the buy side is more consequential than on the sell side. There are numerous reasons to sell securities which may include: financial planning, lifestyle changes, and/or asset allocation or diversification. In contrast, there is one motive for insiders to make open-market purchases of their own stock, and that’s what we call the Profit Motive. The Ladenburg Insider Alert focuses on filed open market purchases, not option related transactions. "

Ironically this statement is from the firm that shorted hundreds of thousands of shares of REFR.

Guess who's got very high insider buying?

5/4/05 - Victor Keen (Board of Directors) bought another 10,000 shares. This makes his PERSONAL investment move closer to the $2,000,000.00 mark.

Why are insiders so bullish?

I know.

Bang, bang!

ND
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