Re: Great work POETMMc !
in response to
by
posted on
Jul 28, 2023 11:38AM
Dear PoetMMC, thank you for your thoughts. I think the idea is good, of course the source has to be reputable. In the end, we don't know which shop window is the right one to move Poet somewhat into the mainstream. That's all we can do as shareholders. Poet has to deliver the rest and is not doing it easily. Of course, it also takes a portion of luck that a recommendation to Poet happens at the right time in the right place. At the moment, the stock market is entering the hot phase. Especially on the Nasdaq, a bubble is forming more and more. Many valuations no longer match reality. No one knows exactly when this bubble will burst. At the moment, many prices are only jumping upwards. In the USA, speculative frenzy has broken out, greed rules to some extent. Everyone wants to be part of it. Many inexperienced investors are jumping on the bandwagon. This can still go well for a while, but it is dangerous. Recently, the worthless Tupperware rose by several hundred percent within a short time. Unfortunately, this chalice is passing us by, despite the recent great approach with AI. We remain uncovered with our adorable story. That hurts. More worthless shares rush from record to record, we stand so low despite authoritative development. Moreover, in today's environment I see numerous parallels to the years 1999/2000. Months before the big crash, there were more and more TV programmes on the stock market or stock market letters in Germany.In the beginning, only big and well-known companies were recommended. Later, everything revolved around the Neuer Markt, a very risky stock exchange in our country. All speculators were waiting for the latest recommendations. In the end, for example, it was EMTV and Mobilcom, mentioned yesterday. These companies didn't even have a proper business model, no sales and high losses. The shares went up anyway, EMTV from 35 to over 1,000, Mobilcom was a bit less. Of course we don't need something like that. But it shows what is possible on the stock market. With Poet, the great thing is that the share could take off right now, needs to become better known and then grow into this valuation through its projects and business model. Their idea is definitely worth a try. Thanks PoetMMC and Outtahere. I am also considering forwarding the Poet story to a stock market service here.