the problem is that all the believers of POET are in ( most likely oversubcribed) , and as the TSX.V shrinks in value and the numberof players reduced there is nothing to propel the SP of POET Technologies higher, until the company comes out with important news followed by some new investors wanting to buy into the technology.

Right now, the TSX.V is in a major bear market, thus the SP will go nowhere until such the company can get all its ducks aligned. MM's/traders know it and are just playing tennis with the SP making a penny or two by trading it. If you do that with the entire TSX.V you make significant money. The right side, for now, is the short side.

Shorts are in no hurry to cover but it appears they are willing to buy back-in in the low 40's.

IMO. GL.