Great post Eileen,

You mention the obvious things fund managers look for to acheive a high stock price, I beleive (and I'm sure your aware) what will drive Poet's stock to even higher levels shortly(than the market multiples dictate) and that is that the potential for "growth" in Poet's sales/earnings. That will give Poet an exponential multiplier as they capture market share. When a company doubles their sales every quarter/6 months/year for ex, their growth rate requires a much higher multiple than 15x earnings (std rate), for example, if poet can shortly acheive 10 cents a share (all the way up to whatever , lets just say as it goes up to$2/share in earnings). The market will put a 50 - 100 times earnings multiple on companies with that kind of profit at that growth rate with the runway they have in front of them (ie: Amazon, netflix etc).

When we start putting these valuations on our little Poet, the numbers are completely mind boggling, something I can't even put a figure on. (insert happy face here)

SP