Re: The big boys
posted on
Jan 13, 2021 12:17PM
Sure, I'll take a swing.
We've gone from .465 on Nov.19 to .80+/- today... a 58% gain with a slow steady rise, a little saw tooth but that is normal, nothing goes straight up.
So, now we know orders are coming because first production is in Q3 for the 100/200g CWDM4 engines....who orders them (does Super phontonics order them from POET, or manufacture them and take the orders?...not sure where POET fits there other than getting our %)...will we even get a name? No one knows but it seems like we may never get a name. That's fine, as long as we get orders and they are duly announced to the market. This will confirm we are in business and that all other verticals in in play.
What does that do to the share price?
I guess it depends on how big the order is and whether we get a name or not.
Of course the 400G light engine comes into production during Q3 as well, while the 400G FR4 Receiver is into production in Q4.
More orders, we're not making them for fun, they have mask sets for all of them.
So here's the big question.....who's in the big rush?
Why does the company need more money, people are exercising options/warrants by the millions and we haven't even seen a receivable yet?
I see no reason, at least it has not been explained clearly, as to why we have to/may do an r/s. I'm told it's easier to access financing, but why do we need financing, the money is about to start pouring in? I'm also told we can't get research coverage, but I think that's a weak excuse because the world will know about POET soon enough, even with the little we've done we do pay Shelton for something, are we getting our money's worth there?
It's ridiculous on its' face since we all know demand is going to be huge and we'll need all the current shares just to keep the share price reasonable and enable a wider swath of the market to participate.
Still voting no.