Insider concern VS tighter float

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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jimbo444

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Insider concern VS tighter float

posted on Apr 15, 2014 10:15AM

There have been several posts from some expressing concern about the insiders and a possible dumping of shares at bargain basement prices.

I have a counter argument to that.

The insiders have control of somewhere between 60,000,000 shares and 80,000,000 shares fully diluted. The insiders know what we have in spades, more than any of us here will ever know.

That leaves a fraction of the rest of the POET shares on the market as a float. This number is significant from the fact that when the feeding frenzy starts in earnest (and one could argue it is starting now), there are less shares to chase and a tighter supply, so what happens with high demand and low supply? Well, the answer will make us all happy.

Insiders here are not here to blow out their positions. They are here to realize the best and highest value for the company. Period. We have great executives and financial support to see that vision and make it real.

Looking forward to the rest of the month, and then the summer, and the rest of the year. I'm giving our insiders the "way to go" for now for sure!