posted on
Apr 26, 2014 12:51AM
Stock held its own today, pretty awful day elsewhere. I think Monday will be a tough day if no NR prior to opening. The most likely news would be P2. The timing there could be coordinated more easily than hitting the 100nm milestone, for instance. I would think Poet would be able to put appropriate pressure on P to deliver by a date certain if at all possible. It would be embarrassing for the company to have the stock hit on EC day. I know many here disagree, but I still feel warrant exercises and subsequent stock sales or short sales, were the key drivers in what many view as a disappointing share price by the end of the week.
As I indicted earlier, I looked to lighten up and did by a bit under 20%. I hope I regret it, but if this stock performs as I think it might, I won't need more shares than what I now have. If the stock dips, I will look to repurchase so long as EC goes well.
If I'm wrong about the sans NR direction on Monday, I would urge you riverboat gamblers to reconsider your decisions to keep every last share. Especially some of you who indicated a really low average price. If you're financially secure either way, then "never mind."
Looking forward to hearing all about the presentation and how well the professor connected with these ultra-post graduates.
AAPL - why the heck not? They have a little spare change and they love to be different. Get Melanie Griffith working on it!