I have discussed POET at length, over cigars, with a friend of mine. He finally decided to pull the trigger and get himself invested. He applied for a Q-Trade account last week. Thanks to the slow account opening process he will be buying his shares at a significant discount.

This price decline is, as I have stated many times before, only an opportunity. If you knew, with 100% certainty, that POET would skyrocket in the fairly near future, how would you view this price decline? You would see it as an opportunity to purchase more shares.

Any long holders must believe with fairly high (albeit not 100%) certainty that this is a good play. If not, you can't really consider yourself a long and shouldn't be heavily invested. If this price decline is causing panic, you aren't cut out for speculative investing.

I, for one, strongly believe in POET and think we have stumbled ass backwards into the opportunity of a lifetime. I will always remember these early days but won't be able to recall the week to week prices that caused so much concern.

I'm off to see clients now. I hope to earn enough today to buy more shares, as this is my only reason for feeling anxious. I want more while the getting is good.