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Microcap & Penny Stocks : Research Frontiers - By Long on Refr, Larger stock holder
REFR 2.030+0.7%3:59 PM EDT

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To: wallstreetbull who wrote (154)10/21/2024 5:09:10 PM
From: longonrefr   of 231
 
A gamble on something involved in space, space is good for one thing, sucking money into space from you...company burning more cash than ever, 70 m last Q and the worst last 12 month burn....he sells refr which is essentially break even last Q on increased revenue a good amount last 2 qs...i dont get it but whatever...good he is out because he would have been selling at some point most likely as he is a bit older i believe (saying that with respect)..older investors are more likely to exit, just normal.

stock market is odd though, maybe it goes up more, people invest in companies burning hundreds of millions a year often....usually not a good outcome over time with that burn, i.e. View..

good luck to him, yes if it goes up a lot maybe he will get into refr even if refr much higher when he does.

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