On May 29, 2018 (a Tuesday morning) POET announced financials, the scheduling of the AGM in San Jose and the Presentation by Tom Mika at the LD Micro Investors Conference held on June 4 @10:30 AM (no webcast). The presentation remains available on POET’s website today. It was a good presentation and represented of course that moment in time. The POET optical interposer was more than a sparkle in Suresh’s eye. But still lots of R&D and lots of learning left to get to where they are now.  At most a toddler.

When I started this post it was all about market reaction to that NR.

Preannouncement on the Monday POET traded 45k shares at ave price of .324

On Tuesday after the announcement 404k shares traded at ave price .313

I guess that meant the market did not like it.

On June 4 (Monday) 757k shares traded at ave .359 and for the balance of the week 3 million shares traded at .40. At .40 the market cap at that time was $114 million (288,057 outstanding).

The point is we take that slice of time and compare it to this slice of time. Not only in terms of what industries acute needs are today but more importantly what POET appears ready to deliver.

Yes, it does not take a genius to recognize the disparity. We should be trading a lot higher right now! The market will catch on.

Good luck tomorrow Tom. We are rooting for you.