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


To: N. Dixon who wrote (8878)2/10/2003 5:23:22 PM
From: Bill Ulrich  Read Replies (1) | Respond to of 10293
 
The viability of the company is what caused the short interest. A —> B —> C.

"The short interest is what made it a single digit stock today."

Time-travel machines share this common trait, too: "The technology is worth 100s of millions of dollars per year in revenues with 96 million of every hundred going to earnings."



To: N. Dixon who wrote (8878)2/10/2003 6:01:03 PM
From: Kevin Podsiadlik  Read Replies (1) | Respond to of 10293
 
Well let's just see if the numbers back that up.

The short interest is what made it a single digit stock today.

In December 2000, the short interest in REFR was just over 500,000, and the price of REFR stock was around $18.
By July 2001, the short interest had ballooned to 1.7 million, and the share price had meanwhile increased to around $27.

In the eighteen months since then the short interest has increased by a relatively slim 200,000, yet REFR's price has collapsed to $7.

Kinda looks like the less shorting activity in REFR, the WORSE it is for shareholders, eh Nance?