It would be very nice to see $50, $60, $70 or even $100 per share in near future. Is it possible? Of course it is. We can not exclude the probability of where POET's technology might take us. If anyone has studied statistics in college or university will know that this technology is possible of reaching those prices. I mean, if a coffe company can do this, and it's just a coffee, then what a new technology might do. I do not know but sure is sounds and taste much better. Another example and more recent is the story of Zenyatta Ventures Ltd. . It went from $0.14 in August of 2012 to over a $3 last week (not even a year). That's a 22 bagger. What interesting with this stock? Graphite? Maybe. Does ZEN brings any money home, NO it does not (and it probably won't for another 5 to 10 years). So why it did go up so high? It looks like a really good PR to me and nothing more.
If and when I look at POET and where it is and what it will be able to do in near future, I will take this technology over coffee and graphite anytime.
What's more interesting is that no one has mention a split of the stock. Is it possible? Of course it is. We see splits all the time. Double or triple the amount of your stock :)
Right now we sit at around $0.50, is $50 price per share that far off? I do not think so. To get us to $50 from $0.50 is a 100 bagger, right? Well you are absoutly correct. But what about if we first get to $5 mark, that's only a 10 bagger. From $5 mark to $50 mark that's another 10 bagger. At the end we end up with the same.
But imagine a split or two or even three, along the way. That would be even sweeter. "Can I have coffe with this technology, please."
cheers