We all know Sheldon / Pinetree recently sold-off some PTK stock.
In itself .... one would raise an eyebrow or two.
Now look at the bigger picture.
On Oct 27th Sheldon / Pinetree executed a broad heavy sell-off in the following companies :-
1.0 AGG
2.0 SPC
3.0 NWX
4.0 PTK
This clearly indicates a forced broad self-off due to the current issues with Pinetree .
A forced sell-off without doubt ... so he did not sell because of concerns with POET.
Sheldons short-term actions do not bother me in the medium / long term.
It is POET Managements execution on the monetization plan that means everything.
I remain a firm believer in the technology and PC and Ajit being able to execute the monetization plan.
Have a great weekend everyone.
ST