New in this forum
posted on
Apr 13, 2014 09:40AM
Hello everyone
It’s been 3 to 4 weeks since I came across this forum and finally created an account yesterday. Happy to be here!
I’m not quite sure if it’s an advantage or disadvantage but I’m far from being an experienced trader, to be honest I had shares of only 5 corporations so far. POET was my latest acquisition dating back in 2010 when POET was still OPEL and I went through all ups, downs and now hopefully continuous ups ever since.
Taking the risk to bore everyone, this is how I came to buy my shares back then. It was the time when American GM and its German daughter OPEL were in serious trouble. I was hoping OPEL would become an independent company and tried to find out if I could buy some of their shares, being confident that OPEL without GM would master the crisis much easier. As you might imagine, I didn’t find what I was looking for but instead became aware of the company that currently brings so much pleasure to all of us who are involved. It was more or less an intuitive choice though renewable energy in general and solar collectors in particular have always been on my mind and even more when a few months later Fukushima blew up.
But what made me stay with OPEL and later POET for all these years was when I finally read about their groundbreaking Planar Opto Electronic Technology. Coming from an IT background I quickly grasped how such a piece of technology would turn the whole IT industry upside down – if it proves its feasibility and reliability. Then, thinking longer about it I realized that POET has the potential to revolutionize every single industry that depends on little integrated circuits baked into silicon wafers. No manufacturer of whatever can afford to produce items built with parts that are more expensive and ten times slower than those of its competitors.
It is this impact on almost every area of industrial manufacturing as well as on our current living. The people behind POET simply can’t sell the technology to one single potential buyer because such a huge advantage in the hands of only one company would lead to a very unhealthy shift in global competition and also to serious drawbacks on the evolution of countless possibilities. My guess is that Dr. Taylor and the leading staff of POET are pretty aware of that.
If my gut feeling doesn’t deceive me here we all will see stock prices far from everything we ever could imagine.
Good luck everybody
Axel