Bill Wexler's Trading Cabana Message Board

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Non-Tech : Bill Wexler's Trading Cabana

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To: Bill Wexler who wrote (6146)	9/19/2013 1:39:28 PM
From: N. Dixon	Read Replies (1) of 6370

Update to Wexler's UPDATE on REFR. 2013 Mercedes has announced putting Magic Sky Control panoramic roofs in all their S-Class Vehicles. Updates to increase in fee income and growing market share in automotive and aerospace industry can be found by listening to: smartglass-ir.com Also, get a new bashing line, Bill, KJ et al. You lost this one. You lose even more than last time if you're still shorting it. Kevin Douglas took a 10% position in REFR. Hardly seems like the kind of investor who doesn't do his due diligence. Bashing me here or on Yahoo is just not a workable strategy for ya anymore. Boo hoo! valuewalk.com Read it and weep or get all puffed up and argue about who made money on what and when and how. Bottom line is you lied knowing that REFR isn't and never was a fraud. Shorts Arguments debunked 1) S-Class not available in US. - Mercedes has stated in several interviews, articles that it's focus for the S-Class is NOT the U.S. market.. They focus on a Global market approach and are gearing their marketing, designs and focus on countries with a growing luxury car market. China purchased 50% of the S-Class vehicles EVEN WITH levies that put the final price at almost $500,000. (Report on this can be found in earlier posts) 2) No earnings in the 40 year history. True. But since the technology has not in the commercial market to any large extent it is deceiving to monitor earnings during the development of the technology and the work done worldwide to get to today's growing income due to the emergence of SPD panoramic roofs in the auto industry. Fee income growth in the last 6 months is 31% higher than the first 6 months of 2012 with expenses only going up 13%. 3) Insiders are making money and "fooling" investors. Look at insider investment in the company. They are rewarded with shares and also buy directly in the market. They have put more at risk then the average investor. 4) Stock will be worthless in ?????? they've been predicting this since the 1990s. Stock price relative to other stocks without earnings is fair value. The market bubble burst in 2008 and companies went under or they maintained and grew. REFR is one of the latter.

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