Forest for Tree's
posted on
Mar 17, 2014 04:36PM
Jumping out of POET, attempting to move back in at a lower price is not advised -this may be a strategy some are using the past few trading sessions (Stop loss triggers, momentum traders etc. are other factors I'm sure.. ) Looking at a 3 month or 6 month chart one will see that when this push up, it's goes very quick.
I would not want to risk missing out on:
1. PDA announcement (could happen any time)
2. 100NM verification (likely April, but one never knows)
3. Pellegrino 2.0 (likely April, but one never knows)
4. BAE license deal specifics, with indication of revenue stream structure. (could happen any time)
5. A deep pocketed investors/funds who decides to come to in. (could happen any time)
Number 5 especially could happen ANY SECOND. One does not need any more news for this to continue to drive much higher, provided the right people knowing the opportunity at hand. IF you remember the move from the .50's to 1....this was obviously a series well financed investors ready to go. Why not again? POET is significantly re-disked as we move forward week to week...
I would hope Atomic is continuing to make new connections and update the investing community (tech funds, private equity etc.) on where this is at, inclduing the short term triggers/monetization strategy and massive game change impact....POET can always benefit from more awareness.