terafly

"Appreciate all your dd, just please don't sugarcoat this extreme pullback and loss of shareholder value we just witnessed over the past 4 days"

It isn't an extreme pullback. Here's the last 2 weeks:

We are one penny higher than we were 2 weeks ago. Before 2 weeks ago we only closed as high as 66 twice in the last year, and it was one of those days we set our previous 52 week high. So I'm not sugar coating anything. I repeat, mazan told us that only 50k was purchased above 80 cents, so if people want to claim we are down over 20%, that's fine. But you should consider that if only 5% of the shares changing hands that day were bought/sold in the 80s than maybe it wasn't a sustainable SP.

Put it this way, I'll feel better if we get a 9 cent gain on a day of an announcement because it stands to reason that it will hold that price. Do I think the SP is crazy low? Of course! But there is very little corroborating evidence that POET will change the semi landscape. It seems like the market is waiting for a second opinion. POET will rise to an appropriate price once another company validates it by signing on the dotted line.