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Technology Stocks : Research Frontiers (REFR)
REFR 1.640-8.9%Jan 14 4:00 PM EST

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From: N. Dixon11/12/2007 11:48:16 PM
   of 36008
 
SHORT EXEMPT TRADES (8 Ratings) 12-Nov-07 10:26 pm Here is some interesting data for everyone.

Are the shorts hurting? Well they'd like you to think they're not, but I think the numbers tell a different story.

First, REFR is going to make money. The shorts can't keep up the bash-a-thon long enough to outlast the inevitable.
How did they get it down so far? They sold short 133,000 shares in October. This is showing the strain. They sold short over 1/2 million shares short in February 2007 at an average price of $9.76. But the SECOND highest amount they sold short was May 2006 at an average of 5.90. The third highest was July 2006 at 4.90 average.

They've been treading water now at an average short price (from January 2005 to present) of $7.77!!!

THAT'S SEVEN DOLLARS AND 77 CENTS.


Even if they continue to short here, news is going to catch up with them and so is REFR earnings. Not even the worst market will be able to keep funds from buying into REFR. Where else are they going to find a company w/earnings and no debt? Funds buy in 1/4 million blocks. Right now its all quiet but I expect the big squeeze in less than 3 months. Or maybe 3 weeks? 3 days?

Have a good night!

Sentiment : Strong Buy
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