I can't wait for the market to open. I think REFR has turned it around with that huge runup on Friday. Probably be back at $40 by this week. And $75 by April. I would be nuts to sell now. No way it can go lower. I don't care what the chart looks like. It's up up and away. GO REFR SLAP I LOVE REFR RAH RAH RAH YIPEEEEE! SAXE is the MAN! SLAP
Do you know? And, of what greater commercial value is it that the windows would not totally darken? It seems that St Gobain has made the decision to go with the translucent to clear concept. (still seems like an infringement on a patent to me) So---are we out of luck and did the market just circumvent REFR?
One of the points to my investing relies on the fact that there are many, many stocks that can earn me a nice profit. Another point is not to become emotionally attached to a stock. I don't chase after something I missed up or down. I base my decisions, mostly :) on the market. It should not take long to discover where REFR is going short term.
I will make note of your post and will refer to it latter this week. Right now my plan is:
*Monday sell limit @ $25.50; recalculate if breaks $29.
I also trade, margin & various other strategies. REFR is a acum & hold stock because of the uncertainties??? Light volume. No earnings. No rev's. No overall acceptance by the market. No product.
This in itself makes REFR a poor trading stock. With DD a picture arises out of this little stock that could rival anything out there. So when I was accum in single digits (I am a over 10,000 share holder)the traders shorts were making their thousands, while I made my 100 's of thousands.Of coarse now the shorts took a beating & the early trader's missed out.
My opinion is that you might make out next week? The fowlowing week you will miss the boat 80% chance.