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Technology Stocks : Research Frontiers (REFR)
REFR 1.700+5.6%May 27 4:00 PM EDT

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To: JubilationT who wrote (18226)8/5/2016 8:09:37 PM
From: Auger50  Read Replies (1) of 37366
 
Yeah, I don't have access to the research piece but I'm assuming the downgrade is related to the uncertainty to Mercedes production schedule. Likely frustrated with all of the delays in getting MSC in the S-Sedan and finally when Mercedes decides to offer MSC (over a year later than investors expected) on the sedan it comes at a time when production cuts are scheduled due to mid cycle car demand. It was exciting when the S class figure was set to be 80-120k a year, but what is it now?
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