Monday, April 1, 2013

Speculative play of the month!!!

REFR-up huge today, it will hit $6 this month. Explain in a little while. I bought at $4.17 A small piece of my upcoming story is that Kevin Douglas, considered by some as the greatest unknown investor owns 11% of the shares outstanding in REFR. He was the same guy that bought 20% of IMAX when nobody believed in it. Okay so basically the new Mercedes S class that is rolling out next month will use REFR's push button glass tint. This is a huge deal for such a small company. The CEO directly hinted at this in their latest conference call but the market cap on REFR is too small for any institutional investors to pay attention to. Price target $6 and I bet it pops again tomorrow.

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