POET has been forth coming with all news possible at this time. 25 NR's have been released to date. There has been a significant re-wording of the NRs of late to mitigate any chance of leaks to the general public. It is obvious that POET is under multiple NDAs as they progress the technology.

SHORT count has dropped from 1,7 M to 1.2 M and I suspect the SHORT count to be significantly lower come the October 15th report. S/C industry as a whole has been taking hits and of course the pre-revenue Jr spec companies will take the biggest hit. Nothing has changed with POET, fundamentally the company is sound and progressing well. The SP does not reflect this progress since the market has been kept in the dark. No significant news, thus MM - market manipulators ( the term market makers is no longer in my vocabulary) can move it either way without much resistance. Right now there are very few buyers, thus the slant is down. Once POET shows its hand with revenues, the market will react. The Techs ( this is for you Closerlook, you seemed to have disappeared). are approaching oversold. FS is already there, RSI is very close to oversold. MACD and BBs need work. Is there a double bottom near by $ 1.06?? Forget the 90 cents that was due to Sheldon's mandatory selling due to the 20% limit. The recovery from 90 cents was very strong on strong volume.

Again, if you have a 3 to 6 month time frame on POET and the technology this intermediate bear market in POET should not concern you too much. Unfortunately, most of us our tapped out and new buyers are required to raise the SP. Of course, that requires significant news. NRE's. When that happens the side-liners will be buying full force.

GL.