Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Gaslights and Goalposts

I understand the frustration with the stock price, because I share it, and yeah, I have a lot of shares, so now I follow a 'religion'?  I have started to follow Reddit as well as here because a lot of those who understood the engineering and could explain it have gone there.   

If the share price were rising I don't think this board would have devolved into the accusations and banning.   I hate the banning thing as its seems to have been overused by people feeling oversensitive, and it is an insult not soon forgotten. 

It is hard for us to accept that the market may be irrational or unconnected to the underlying fundamentals, but I think that is more often the facts on the ground than not.  Is it so irrational to be waiting patiently for a company to be have its day in the sun and for the stock price to reflect underlying value?  I for one hope I am still holding shares when its being temporarily overvalued, because that will also probably happen.   Remember the saying...'the stock market can stay irrational longer than you can stay solvent', and take your position in Poet accordingly.  ie - make sure this is money you can leave alone for years.

In the meantime, the real 'risk' is what the company is doing.  Since the management is excellent on the engineering and business side, since we have a ton of patents, and since we have literally watched this company move from a handful of employees to a real company who is ready for prodution, our risk now seems to have more to do with an irrational market ignoring Poet past our comfort date.  

Maybe management could be doing more to get the message out, but I rather suspect that may well have not resulted in the share price being where we want it.  (I have no idea what they pay the Shelton group to actually do nor whether that group has done it.  If anyone has figured that out, I'd love to know).  I just don't think we can make a connection between our current stock price languishing and what management has or hasnt' done or said.  If the markets were rational, we wouldn't have sayings like 'buy low, sell high'.   What I am convinced of is that eventually a company's bottom line will be rewarded.  Aren't we just frustrated that its potential is not being rewarded yet?  We'd all like to be Tesla, but I'll settle for a company whose new product and potential is exciting, but whose name recognition is almost nil which is why I've been able to, I hope, buy low!.  

If we try to draw that nice neat straight line between a companies potential and the stock price, or some announcement or action by management, or by warrents expiring, we will be disappointed almost always, and if we take that out on eachother or on management we just end up with losing our comraderie in this long wait.   If Poet continues to deliver on their actual business plan then the day will come for it to reflect that in the stock price.  The day will even come when it is overvalued, but that day will only be predicted by 2020 hindsight or by traders who look at charts for human emotion, not rational behavior.

 

 

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