|Steven Wright, the comedian, observed this; "99% of the lawyers give the rest of them a bad name."|
And so it seems about poor RFI and its lawyerly CEO, who have by all rights just completed one of the best quarters (3Q17) financially on both Revenue and amount of Loss that the Company has posted in several years. And the CC was perhaps one of the more positive with many, many seemingly upbeat possibilities for the future. I thought that would get Westpark's "Tout machine" going again. Sure lite up Longs on SI.
And yet, poor, poor RFI continues to wallow in the doldrums. The stock Price? Challenging a 20 year low by only 9 cents this afternoon at $1.07. Alas, the afternoon is young and the trading day is not over. And yet the SP is more than 50% off of its 12 month high and is nearly 95% off of its 20 year high.
What is the matter with REFR?
Long's Answer: "It doesn't matter, you are not going to pursuade me to sell my holdings, I am praying to the Patron Saint of Lost Causes, and some day something Joe says will come true. In the mean time, I will scour
Google looking for something that seem to suggest that some day maybe SPD will be a real product-- somewhere. Besides Short's have no escape. And when the Shorts can't afford to "walk the price down" all day everyday the market will send REFR to the Moon."
PS: Hmmmm: Who was it six months ago that told me I was "all wrong" about the zero prospect of collecting the past due AR on the Milan Expo? Ready to completely write that Bad-Boy off now?