Ball-point pen

A ball-point pen, comprising:

• an elongate telescopic body including a front holder portion, and a rear holder portion fitted on the front holder portion to be movable axially between a compressed position and a stretched position relative to said front holder portion;
• a ball-point pen refill disposed in the front holder portion and having a refill tip protruding from an opening at one end of the front holder portion remote from said rear holder portion;
• concealing means a part of which movably extends from the opening at said one end of said front holder portion for concealing the refill tip of the ball-point pen refill when the rear holder portion is moved to the compressed position, and for exposing the refill tip when the rear holder portion is moved to the stretched position, said concealing means including means for biasing the extending part thereof toward a retracted position to expose the refill tip when the rear holder portion is at said stretched position;
• and
• retaining means at the other end of said front holder portion for holding the rear holder portion in the compressed position when the rear holder portion is moved to the compressed position.