Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: All is Well, but those who sell
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Aug 12, 2015 10:19AM

Many on this board have been crying out for news, if even a bone to say all was well. This release did just that and then some.

This should rebound soon. The news, though more vague than some would have preferred, was neutral if not good. People are just interpretting it negatiuvely now because it experienced a quick dump this morning. (which many of us do and feel much better shortly after)

Most of us here are familiar with the inexplicable price drops when perceivably good news is released. Odd phenomenon with POET for some reason.

Management are aware how aggressively impatient many shareholders are with the delay dates suggested by the previous board. Once the sector professionals were added to the team, their expertise demanded a new time line to accomplish the best laid goals. If Suresh says "around the end of September", I'm assuming this prediction will be accurate.

Taylor's position shift could be interpretted as an unofficial way of indicating the suggested milestones (whether existing or new) are handled. I assume he is now planning for future innovations of the technology as the original goals are met.

Many are close to or below their breakevens at this point and may feel the pressure to jump ship. Shorters and MM know this and will take advantage. As always, do what makes you comfortable, but as we are already oversold and the promise for the future looks good, the correction should be quick on the upswing when it happens, once this manipulated period playing on fear subsides.

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