Why are we below $.50? Why are there no new buyers? Why do you think?
There is no revenue and they havent done a JV with anyone yet. We will most likely stay at these levels until that happens. The market has obviously determined that $.45-$.50 is the range that they are comfortable with at this point.
Every day someone seems to complain about the current sp. I have been in this just as long as the rest of you and I would like to see a higher sp, but it doesnt seem like this will happen until we get big news. I am not talking about Milestones, I am talking about a revenue stream or Joint Venture with a major player.
Based on the NR from Friday, I would expect them to announce a PDA Partner or Partners within the next couple of months. It is also expected that we will see the first Military deal with MS7. So until then, can we stop complaining everyday? If you still want to cry daily when the stock doesnt go up, or goes down a couple cents, please refrain from posting it on this website. No one wants to hear you complain.
Finally, for those that say you are losing money on POET, remember, you dont lose until you sell. Whether your average price is $.40, $.75, $1.00 or $$1.50, you can still make money on this stock when everything comes together as planned.
This is going to work out folks. You just have to be willing to hold until Q1 or Q2 of next year.
GLTA!