Today was a very nice day, but a day we have experienced several times over the last three or so years. Very good news is released, many proclaim it the best news ever, the stock takes off early, perseveres through much of the day, then retraces significantly on relatively light volume.
The disappointment in today's retracement was it occurred with the imminent prospect of additional foot ware to fall.
Nevertheless, the content of today's NR provides Poet with another solid plank in its platform. The solidifying of Poet's claim to be an important part of the future of photonics continues at an accelerated pace.