I am a long, actually I am rather short and fat, but you all know what I mean. Given the down swing I'm so glad that I am not just a long but a very experienced long as regards POET and other shares I have owned because I invest on the basis that the market rises over the long term above and beyond other forms of savings, that is if you are sensible in your choice and understand the risks associated with your choice of shares.
We all know that Venture Capital is high risk investment that is not for the feint hearted. We spread risk to cater for this. But POET'S uniqueness has made me break this rule. WHY?
I think that we here all know that POET is a unique opportunity and the lucky amongst us who spotted the opportunity early already have paper profits to prove what is capable of being achieved. If you hold your ground and stick with the logic of being a long. Even for those who have recently bought and are down on paper now is still a great opportunity to average down. I started this journey 10k of shares at $ C 1.22 3 years ago and took the opportunity average down at 24 cents and 39 cents.
Nothing stated or discovered about this company has changed my belief in the opportunity it presents but I remain certain that being long is where the big pay off will come.
Until partnerships and the chink of real money in the company's coffers this share will be volatile and the target of greed. But patience will be rewarded - be brave be long be patient!