"20B buy out would probably get approved but not less imo."
I think, if my arm were twisted, I might take, well, say, $18.5B for POET!
The board brings to mind the itsy-bitsy spider. We went up the water spout three weeks ago or so with some strong buy out rumors and discussion, then came the MDA and wiped our spider out. A little time has passed, the sun has come out, and the board is once again going up the water spout.