Wed, Jun 19, 2013, 8:54 PM EDT - U.S. Markets closed
Nothing ever moves anywhere in a straight line. REFR is still headed for the Terrible Twos, though of course it can and does move up temporarily.
Just for a laugh, compare the REFR chart with the S&P 500 chart. The average investor is doing much better than the REFR investor. Much, much better.
OH!, and that is not even counting dividends. As you know, REFR doesn't pay dividends.
Sentiment: Strong Sell
The word about SPD got out many years ago. It explains the long term decline in REFR's stock price.
"The dream never dies"
But investment portfolios can die. A portfolio heavy with REFR will die quicker than most. Invest your money in real companies with real sales and real profits, not pie in the sky, bye and bye companies.
OK John. I will easily be able to afford to pour you a glass of the good stuff, since I haven't speculated in REFR. Booker Noe is a fairly decent single barrel bourbon.
I see REFR is headed back towards the Terrible Twos. Why am I not surprised?
"Sell in May, and go away". may or may not be good general market advice. It is, however, extremely good advice concerning REFR.