Re: 60 cents
in response to
by
posted on
Aug 22, 2019 03:24AM
In some ways you are right Orange Cat but the reason is, I believe, that we are our own worst enemies.
I have said this before from observations of previous POET announcements. Anyone who Google’s POET will end up at this Agoracom site and I feel will get the general impression after news that there’s enough negativity stated here to hold back from investing. Interest will build with understanding but with the necessary caution of being in the final stages of a development phase, the selling and marketing has not yet begun.
We so often seem to set ourselves up for disappointment when with more analysis of the news there is much more value and insight to be teased out of releases. So the pattern of reaction is usually a knee jerk shock horror - this is not what I expected (price drop) that then builds with deeper analysis to - maybe this isn’t so bad, then - actually this is rather clever of management. (Price builds).
It won’t happen because of the character of this board, but we do really need to apply ourselves to understanding announcements first and be careful about spouting out negative comment or state dissatisfaction until full analysis
Yesterdays announcement was a surprise and SP drop a knee jerk reaction, but with the information teased out today regarding just who the China prosper group is and the companies involved I believe this has been a hard earned shrewd move by CEO Suresh Venkatsen that has significantly added value to PTI.
So let’s not imagine that the AGM will be anything other than the perfunctory process it has to be. We’ll learn things but none of the gee whisk stuff yet. Which is why the web site remains bland. Rest assured the fires are being stoked with the current news and the bunkers are full.
sula