Hi Biggdan,

No one knows where the bottom is or the top, or they would be a very rich individual. The first step is to not try to time the bottom - you may get lucky once, but it won't be the norm. You can either choose to dollar cost average into a stock, wait for an uptrend with an appropriate stop loss, or just buy and hold... but that is your choice and dependent on your investment parameters.

All my charts do is provide me with a set of criteria that essentially give me a sense if things are moving up, down, or consolidating. Short term, POET is in a downtrend and sit below key moving averages. Long term, it could be argued that POET is consolidating in a somewhat wide range in an overall long term trend (since the end of 2013). The chart posted this morning shows a trend line, based on only two prior breakdowns and where the price sits today against it. It's just one data point- frankly everything else is still very stacked against POET at the moment. However, one NR that speaks to achieved milstones, partnerships, etc, and all this TA is thrown out, as the fundamentals will take hold.

I will not tell anyone to sell or buy because every investor is different. I'm still on the sidelines and I know where I will most likely re-enter based on my individual risk tolerance and it's portion of my overall portfolio.