Wednesday, March 30, 2005
Bounce time
With REFR back trading near the $5.00 it is almost certainly time for the hedge funds to stop selling stock and return to support mode, which, if recent history is a guide, will guide REFR back into the $6.00-$6.50 range. (Of course, it might not work out that way -- trade at your own risk.) By tomorrow we should have a fine sampling of chest-thumping from the Type 3 crowd that the coming run-up is "the big one", this time for sure!
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