Unfortunately I don't think so Aaron. For one our eyes are least sensitive to red light. Have you noticed that when you use a red laser more often than not you can hardly see the beam. Our eyes are far more sensitive to green. A green laser is much much easier to see. Two: If you shine the laser into the eyepiece of a scope to show you where the scope is pointing, the scope will act in reverse and spread the beam out.
Do this little experiment. Get a very small torch, say a penlight or better yet an LED, and hold it against your finderscope eyepiece. Aim the finderscope to a wall a few meters distance. You will find the circle of light is much bigger than the finder objective. Now I don't know if this is correct but it seems likely to me, that if your lense is convergent one way (light entering from the stars to a focal point) then it seems that it would be divergent the other way around. ie it would spread out becoming fainter and fainter with distance.
Not so weird this is being done its called Satellite Laser Ranging.
See link: http://ilrs.gsfc.nasa.gov/
But I belive the use Green lasers for this. But I am a little concerned about using lasers in this way, remember that there are airplanes up there, we dont want these things to blind a pilot vission.
Do you guys now how much a green laser would cost and also the rules about using them. I've seen bintel has got one for $149, is there any cheaper and where. Are you not allowed to use them close to an airport or in a city or what, need facts.