Thursday, August 16, 2007

Gagging on something

You don't need me to tell you the stock market's been shaky the past few weeks to say the least. But today REFR got hit particularly hard today, down as much as 22%, and did not entirely rebound with the market, finishing down 13.6%.

Stranger still, the usual message board catcalls that this is all pressure from shortsellers, while not entirely absent, was considerably muted. In its place was this oblique complaint from one poster:
"HAVE YOU SEEN THE CRAP THAT SPD'S COMPETITORS ARE TRYING TO SELL ??? HAVE YOU EVER SEEN A CAR WITH PUKEY WHITE WINDOWS? THEY ARE CALLED GAG MOBILES SINCE YOU WANT TO PUKE WHEN YOU SEE ONE. DON'T WORRY THEY WILL NEVER SELL IN A MILLION YEARS."
No one else on the boards is admitting to having much of an idea what this was about, and this blog has so far struck out as well. But if it's some kind of competition for SPD, that may have even gained traction with an auto maker, that certainly spells trouble for REFR, and might help explain the heightened panic today.

Anyone out there have any idea what these "gag mobiles" are actually called? Support your local blog and give me a heads up!