Shorts should be aware that you may ''buy the rumors and sell the news'' but some news could come from nowhere.

Remember Peter Copetti:

“We’re not asking for huge amounts of money from anybody to get this done. We don’t need that,” Copetti said. “I don’t think it’s much time before a much bigger player comes along and says to us ‘We want this and we don’t want anyone else to have it.’” link

+ 4 Canadian small cap tech stocks that could be takeover targets

I don't think that if someone make a push to take control of the company that it will be at a 40% premium like the IR guy has said. If they do that, they will have a ''no'' from the shareholders and eyes will be all around Poet. It will be a big juicy offer to play in our mind.

Poet P and n type HFETs and BJTs at sub-100 nm feature size is the smallest GaAs transistors in the world to date. I will be there at 40nm. link

Best regards.