I generally avoid too much exercise. Indeed, even the word exercise usually results in my taking Aspirin and lying down in a darkened room. On Black Monday, that is precisely what I did. It gave me time to think and, in that subliminal period beween slumber and wakefulness, I thought how many POET shares were exchanged. It turns out to be the largest number I have seen. So, I thought, if there are this many selling and some buying then there seems to be an awful lot more people who know about POET compared with a few weeks ago.
I arose in hope, on the basis that if so many people are trading in these shares then some good news will substantially change attitudes from fear to hope. I concluded that when this news arrives the share price will rise, possibly by the amounts seen recently. I was reassured by the long holders who write on this forum and who regard Black Monday as a correction. I believe we should regard the volumes as a hopeful sign, whether selling or buying. The fundamentals are unchanged, volatility is expected, correction inevitable.
Nervous sellers should take an Aspirin now, lie down (I am medically qualified) and try to see see that a great idea, approaching fruiton over the next 6 months, is to be bought and not sold. These shares are much cheaper now than they ever will be; DO NOT LOSE OUT.
David