Research Frontiers (NASDAQ:REFR), currently trading at $5.90 a share with a market cap of $136 million, is substantially overvalued with an overstated addressable market, a history of diluting shareholders, and a sky-high valuation. Under certain circumstances shares could fall 75% to 90%.
Research Frontiers is not a new company. The technology is not new. The company was incorporated in New York in 1965 that makes this company nearly 50 years old. Age of a company is not usually a red flag unless a company has been selling the same story, and failing to deliver, for nearly that entire time. The company's roots go back even further than that, as it was "incorporated (...) to continue early work the...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|