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Microcap & Penny Stocks : Research Frontiers - By Long on Refr, Larger stock holder -- Ignore unavailable to you. Want to Upgrade?


To: wallstreetbull who wrote (154)10/21/2024 5:09:10 PM
From: longonrefr  Respond to 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.




To: wallstreetbull who wrote (154)10/21/2024 10:44:57 PM
From: longonrefr  Read Replies (1) | Respond to of 231
 
Man o man..refr 500k revenue last q and very near breakeven last q..asts shown below in box...
.stock he is trying to say is great on gauzy board while attacking refr, ok, sure thing...wish him well in it

Also equity in refr 115 times cheaper to buy with market caps of 7.6 bil vs 66 mil

Refr goes up 66 mil to 132 mil cap from here to double stock price...asts has to go up 7.6 billion in cap to double stock price (probably even more as they will issue, give out shares like candy on halloween to pay bills often over time)...haha, dont mean to laugh

maybe this will be a great find for the historic shorter dnc...i kick myself many times for not shorting garbage view when i knew it would crash...arch. not easy..cars matter and electronics for spd..planes can help too

Revenue 900k and lost 70m in q2.