Soon we will get an update on the short positions on POET.

As of May 31st the short positions were 1,632,044 shares (approx 1.02% of the total float).

Note this has dropped form 1.07% of the total float dated April 30th ... and we would expect the short positions to drop-off further; likely quite quickly especially as the general expectation is that good news is expected, albeit overdue.

So here's looking forward to the anticipated news flow that most of us (short traders excluded) are eagerly awaiting, including MS8, Pellegrino II, NASDAQ up-listing and any PDA confirmation; in turn these NR's would create a surge in buying activity and in the process create a "short squeeze" .... something I would like to see in particular.

Woe to you short traders .... the time of reckoning in nigh !!!

ST