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

To: longonrefr who wrote (174)	10/22/2024 3:41:26 PM
From: wallstreetbull	Read Replies (2) \| Respond to of 231

Someone dumped 24k, and all bought in the last hour. Maybe Tinker sold his last 10 shares. We can calculate how many shares he had. He said he made 1 year's salary on the move from 10 to 30. 10 to 30 is a rough guess. I take a year's salary at about 100k. It could be anywhere from 70 to 150. If he made 100k on the move from 10 to 30, he owns 5000 shares of ASTS. That's 50k he started with. This means he owned 25k REFR and sold it for 2 and bought 5000 ASTS valued at an average price of 10 and now valued at 150k at 30. It's lower now. I'm going to guess he owns about 6000-7000 shares of ASTS. I think his average is maybe the high 8s and not 10. I highly doubt he calculates 1 year's salary as 200k. If he does, it would mean he owns 10 to 12k ASTS and had 50k REFR originally. I doubt that is the case.

To: longonrefr who wrote (174)	10/22/2024 3:45:45 PM
From: wallstreetbull	Read Replies (1) \| Respond to of 231

Airplanes are definitely going to increase in number, but who wants to sit here waiting for ten more years? It will help toward profitability, but like an investor with $100 million dollars told me, who cares if they make five cents a share? He said he would rather buy this at ten and ride to 20 in months. I mentioned this multiple times, of course. The only rapid increase in revenues will come from multiple large mid-size OEMs. Being profitable is no longer a bragging right in this play. I'll take it for now since there is not much to talk about other than investors bickering. I blame Refr for that. The only way Refr can win investors back is to surprise them with something. However, in two years, the only news we have had is about a 200-employee company with a retrofit product that they are not even selling yet, according to the last conference call. That is rather unbelievable. In my opinion, Refr should have cut other deals and not put all their eggs in one basket again, which seems to promote only PDLC and bus products.