Trader vs. Investor.
I'm here for the long term growth. It's worth $10 today, so this latest uptick trend is just correcting the current price to where it should be. The pre-revenue tag is about to be lifted, and the company is diving in to a 65% per annum growth market (800-1600G) with proven solutions that are backed by several of the largest electronics companies on the planet and one of the hottest startups (CAI) catering to the most valuable companies on earth, in the most revolutionary race in generations (AI).
These analysts get bogged down in their spreadsheets, spend very little energy on evaluating POET's partnerships, their clients, and the actual tech that is at issue. It is too hard for them, and not in their wheelhouse, so they try to sound smart with their irrelevant comparisons and book value nonsense.
It's still fun to read, and it brings eyes and portfolios into play for POET. Eventually the sales and profits will be the discussion points and they'll have more to talk about.