exactly, no one wants to catch the falling knife. But I would have to say that the blood is in the streets. The SP does not make sense even from a technical perspective. Techs are way OVERSOLD. It has been a slow bleed by PNP et al. as they liquidate their entire PTK portfolio. The unfortunate part is that many casualties have been ensued along the way. Margin calls, ST holders. As SteveWilson said, many of us are kicking our azzes for not selling at higher levels ( Ie. $1.40 200DMA) and buying back at these low prices. What really disturbs me, is the fact that our " marketing guy" PC was not able to come up with a strategy to take out PNP's entire position. That would have been the sensible thiing to do. Many investors kmew that this paper overhang would come to haunt the POET, and there was no sense in buying until that overhang was gone. Once the overhang is gone ( when??? gotta be soon) then these buyers may show up and the slow ascent will begin. That is of course IF POET has the goods and can deliver as promised. Right now, management's credibility is non-existent, no matter what their pedigrees demonstrate.
GL.