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: One can dream
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Nov 10, 2018 10:48AM
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Nov 10, 2018 10:53AM
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Nov 10, 2018 11:22AM
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Nov 10, 2018 04:26PM
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Nov 10, 2018 04:54PM
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Nov 11, 2018 12:07PM
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Nov 11, 2018 12:51PM

I think many have misinterpreted Jack's dream, he's saying $3 now and be done with it.  I'd gladly sell for $2 tomorrow.  

Besides the usual arguments about risk, here's the other thing to consider - if the stock were to organically run to, say, $3, how many of the shares you own now would you still own? 

Let's say a guy has 100,000 shares to make it a nice round number.  I guarantee you that most such guys would not hold 100,000 shares at $3.  Myself, I'm sure I'd sell some at (US$) .60, .80, 1.00, $1.40, $2.00 or some such.  And I think many others would do something similar.  So, by the time $3 rolls around, today's 100,000 shares might look more like 15,000-25,000.  So, let's say a guy sold 80,000 shares on the way up to $3, for an average of $1.25, that's $100,000.  Now, he holds 20,000 and eventually gets bought out or sells out at $10, so that's another $200,000, so that's $300,000 total, which is the same as you would have gotten if you sold tomorrow for $3, and no more risk, frustration, etc.  

I did not preplan those numbers, they just happened to work out that way as I typed, and I'm glad they did, as I could see the above as a scenario.

If you're adamant that you would sell no shares on the way up, then I believe you're fooling yourself, or you really don't need the money, in which case playing POET stock is very appropriate for you!

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