I have been with TRF and IFE for a long time. Take a look at it from a outsiders point of view;
You research the company by going through announcements - DFS to be released May 2010 - Dec 2010...still no DFS
Major financer pulls out (to the applause of many SH)
And then management is quietly pushing back the expected first shipment of IO.
So an outsider would be thinking to him/herself...this company is telling me they are going to be shipping IO by mid 2011 yet they are over half a year behind schedule with their DFS??
I'm not about to sell but I dont blame people sitting and waiting before they jump into this stock. When you dont meet deadlines people get annoyed and new investors raise their eyebrows and hang onto their hard earned.
I actually got a friend into these a few weeks ago after thinking that about 47-48c was the bottom......I'm being made a fool but I'm not going to lose my nerve now.
MJ
TRF Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held