Checking the scorecard

Okay, it's been over a month now, so let's check the REFR announcement scorecard and see how it's coming along.

Hmm. Um. Okay, I guess I'm going to have to come up with something else to write about today.

All right, how about this. In the past few minutes (as I am writing this), REFR traded down to $2.90 per share. This takes out the split-adjusted low price of 1992 ($2.933). To find a time when REFR traded lower than today, you have to go back to July 5, 1991, when REFR got down to $5 1/4, or, adjusted for splits, $2.80 per share.

For reference, here is a list of remaining "lows" that REFR has between it and its all-time low, a split-adjusted 80 cents per share:

            low price    split-adjusted (15/8 prior to 1994)
06/23/05    2.90         2.9
07/05/91    5 1/4        2.8
07/03/91    4 1/4        2.2667
07/02/91    3 3/4        2
06/27/91    3 5/8        1.9333
06/12/91    3 1/2        1.8667
06/03/91    3 1/4        1.7333
05/31/91    3            1.6
04/02/91    2            1.0667
02/22/91    1 7/8        1
12/07/90    1 3/4        0.9333
09/27/90    1 1/2        0.8  (all-time low)

Of course, having assembled this list, I have no doubt set in motion a wave of claims from the diehards that they in fact bought at the low prices above, but what can you do. Besides nod indulgently and chuckle to yourself, I suppose.