My disclaimer as before is that I don't usually put much faith in technicals when looking at penny stocks and special situations - and POET fits into both categories.

That said, if you take a look at a 1 year daily candlestick chart, you might observe that since early February, we have been in a "descending wedge" pattern which is normally BULLISH!  In this case the containment lines are converging rapidly and suggest an upside breakout as early as next week.  The possible upward move would suggest a target of $1.65 - 1.70 USD (about $2.00 CAD!)

Something to dream about over the weekend!  GLTA  ;-)

MtnView