Institutions (moderate and small) are being allowed to climb aboard at these ridiculous low prices. This was supposed to be happening when Poet moved to the Nasdaq, but Poet was probably not ready and able to convince bigger institutional investors to come aboard (or simply put, Poet was not on their radar). With more institutional investment that will probably change for the better, I think the announcement of Foxconn and its residual effects has a lot to do with more institutions now ready and willing to park funds with Poet. The risk seems lower now as opposed to still being somewhat high when Poet first listed on the Nasdaq a few years ago.

In my opinion, the institutions are getting in at the ground floor and this should eventually set up Poet for higher sustainable share prices as Poet undergoes healthy, up to the right, Nasdaqification of its share price. Essentially, this is a pat on the back to the institutions thanking them for coming aboard. What that means is more analysts will likely cover Poet and it will lead to even better respected well-known analysts and financial institutions coming aboard on the good ship Poet and help propel it into a wonderful up cycle of Nasdaqification for years to come.

monolithic