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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Bill Ulrich who wrote (8848)2/10/2003 3:58:24 PM
From: N. Dixon  Read Replies (4) | Respond to of 10293
 
Where's the body, Clouseau? Better question is "Where is the supporting evidence for these claims?"

The REFR stock fraud
by: BillWexler (44/M) 08/24/00 02:28 pm
Msg: 29498 of 130127

If you a victim of the REFR stock fraud please contact me at bwex@hotmail.com.

***********************************************************

-----Original Message-----
From: Bill Wexler bwex@h...
To: **************************************
Date: Friday, August 25, 2000 2:00 AM
Subject: Re: REFR

>
>Research Frontiers has never developed a product in its entire operating
>history and we doubt that it ever will. The company has a very long
history
>of promoting its sock through carefully planned series of press releases
>touting "licenses". These licenses have nearly zero value. The press
>releases are accompanied by carefully orchestrated dissemination of false
>rumors and hype through penny stock newsletters and the interenet. The
>touts are paid with warrants and stock.
>
>Several of the posters on internet bulleting boards are actually stock
>promoters and bucket shops who carry positions in the paper. The spreads
on
>the bid and ask sometimes widen as far as a dollar, and if a retail
investor
>tries to unload a position in size, he usually gets clipped on the bid.
>
>A lot of stock was dumped at the top. The reason it seems to collapse on
>low volume is because there is no institutional support (far too
>speculative).
>
>The current round of hype is simply the same old song that has been sung
>about this company for years. There is a very good reason the world is
>swamped with electrochromic and LCD devices yet with all the supposed
>"advantages" of SPD, there is not one commercial product out there.
>
>It is still possible that enough new retail investors will get in to spike
>the stock back up, but there is a zero chance that you will see stock
>movement as the result of earnings.
>
>In our opinion, the stock is nearly worthless.
>