Interesting - "monolithic" points out POET's remarkable rise to about $1.50 after a long holding pattern near $.50 that ended in December.  And now, we've dropped back to right about $1.00, interestingly 50% down from the recent top.  I don't usually put much faith in "technical analysis" in penny stocks or "special situations", but this price action happens to conform to a 50% "Fibonacci retracement" which - if the correction ends here as Rick suggests it will - the uptrend should resume soon.  Maybe tomorrow - also as Rick suggests!

A "flea in the ointment" would be a continuation of the total market sell-off which we've seen much of this week!  The NEXT "Fibonacci level" would suggest we go down to the minus 61.8% level or about $.92 CAD before a rebound.  Let's hope the 50% correction level holds and we head UP again from here! GLTA.

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