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: Re: Ugly Trading Pattern
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Oct 17, 2018 12:16AM

Lumenge lets think about this logically. On July 13 2017 POET provided an update on the GaAs platform in which they reported that it required a larger investment in time and money to resolve the fourth terminal issue and that the relevance of GaAs at 850nm in multimode communications had been overshadowed by single mode fiber applications such that BB Photonics dielectric waveguides offered a solution for. POETs stock dropped to a low of 17.5 cents. That was two years ago right. It really becomes a story of 2 different stocks. 7 years ago this stock had monumental gains after they announced the Pellegrino Report and then of course we had an Apple procurement executive join a steering committee to produce a new roadmap for products based on the GaAs platform. So yes a lot of water under the bridge but to lump it all into a simple statement saying that this stock should be going up every week for the last 7 years well that is just fundamentally wrong.

Never in history has this company been in the position to deliver differentiated commercial products as they are today. Does not mean that people will not take advantage and try to time the ups and downs before they make significant announcements towards that end which I believe is what is happening.

The resulting mood swing on this forum is fairly predictable as a result.

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Oct 17, 2018 09:52AM
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