Thinking out loud…

A disgruntled electorate?  Where have I heard that story recently?

This vote is a tough decision. It should be rubber stamp simple, but it’s not because it’s an emotional investment too.

I hold every share I’ve bought for over a decade and averaged down whenever I could, and like most of you I’m still in the red.

I worked my keister off for 25 years at a public company where management rewarded themselves handsomely for making bad decisions while the rank & file were forced/asked to make sacrifices while the stock (shareholder value) slowly tanked.  I’m not saying that’s the same case here. It wasn’t a start-up company. I only mention it because my experience makes it easy for me to connect the wrong dots on apples and oranges.

I’m at a tipping point. Not disgruntled, just not feeling incentivized to vote yes. I want to vote yes. Voting yes seems like the best rational decision. I want to incentive others to succeed on my behalf, and yet I’m inclined to abstain.  Why?  Call it investor fatigue, a side effect of investing caused by years of delayed gratification, but if the company doesn’t succeed, cheaper options won’t matter to anyone will they? So I hold my nose and vote yes with no guarantee of success, even though I can smell it.

And when POET does succeed, we all benefit financially with the added satisfaction bonus that comes from participating in that success.  Yes?

Thanks for listening,

Interposter