The more I think of why would Suresh buy the stock at above asking price, the more I come up with two reasons: 1. He purchased to reassure investors in Poet that better days are coming.
2. As much as he wanted to reassure investors that better days are ahead he is no fool and would not make a purchase to appease shareholders who have become quite negative lately and take a loss.
From this we we can take that a bottom has been formed ( Rick the Vet was off by .50 cent.), two Poet is for real and the money is just around the corner.