Not liking this at all. If an insider like Sheldon is willing to sell 153k ahead of big news, there must be a big hold up.
Maybe POET is not comercialy viable? Maybe Mass production wont work? Maybe he has the clought to throw away 153k shares to say hey you guys whats the hold!!!
I have not had many good thoughts about this lately and as a result dont have anything positive to say about this company. All my eags are in this basket and as far as im concerned the basket it getting lowered into a pit of no return at the moment with this black out no news late mile stones and so on.
On the other hand the fact that they have added some new tallent to the team is a single good item in this other wise very bad situation. I mean lets not lie. we where all so excited about a liquidity event end of year and 5-10$ was the target. As it stand right now that is out of the question. not going to happen. Ok so now we are pushed to 2014 some time and we are running out of cash every month this thing doesnt get done.
I cant sell right now if I was in the green I would be out. but I am not. my confidence in this comapany is quickly very quicly loosing faith.
Still holding on though. Just not feeling very good at all.