Re: throwing this out there
in response to
by
posted on
Aug 22, 2013 05:17PM
Was there a glitch causing a false insider selling?......Maybe, I suppose anything's possible. Is it an "ex" OPEL employee selling?.......Maybe, but frankly considering the millions of shares out there being tightly held, if an "insider" needs $10-15K, I'm not too concerned.
I'm starting to sound like a broken record I know, but despite some people saying the markets have been "on fire", sorry, but that just isn't the case, especially for the venture...it's been a major bear market since the beginning of 2013 and longer.
Here's the thing.....there is virtually 0 speculation out there......investors are hanging onto their money unless they see something that drastically reduces their exposure to risk....right now we have no revenue, no proof that this tech will go to market and despite all the positives we all know this company has.......nobody's going to touch it with a ten foot broker until POET offers up some definitive proof that this tech will be adopted by a major and/or the market in general.
September is crucial as far as I'm concerned, if POET delays or fails to produce anything of significance by the end of next month.........I'll have some serious decisions to make about my POET holdings and investment strategy with this pick.
MC (all IMHO naturally)