Get Ready for the Turn and The River
posted on
Dec 01, 2018 11:42AM
I must say Shash has helped me along over my journey here, with her help and the help of another friend in the business I have in Tech. I'm an investor, in Teams, just like the one that PTK has put together.
So this preachy tidbit is from an investor's mind not from a place where I feel a company owes me something.
I love Shash's line "Gutsy, Risky, but Possible. Entrepreneur's live this way, it's how we're wired. I've said this before: there's way too many people here that have held on far too long waiting for the sun to shine, that day may never come and for sticking around you may lost an opportunity to reinvest in another to make up ones loses. So, if you're sticking around get off the cross and come to the table.
A business venture (in my life) is like playing cards, the venture exchange same thought process.
Poet has dealt the "The Flop" -change of focus, and 2 strategic partnerships, Accelink and SilTerra. Then we had "The Turn" but I believe we have yet to see the full turn, that will be coming in the near future. Part of the Turn was Hiring Rich Zoccolillo, announcing the estimated income for 2019 and our conference call. As I said there will be more to come on "The Turn!
Then we get The River, the money card! We are sometime away from The River, as Shash suggested - Gutsy, Risky, but Possible.......could it be that there is no bluff, they (The Team) see how the cards are lining up for their hand and that anything is possible.
Stop Here.......and take your emotions away from the game, take a breath. pump the brakes and go over everything that has happened since the announcement of The Optical Interposer Platform for Co-Packaging of Electronic and Optical Components on January 30th and where we are today 10 months later.
Here's where emotions play a part for some investors, why are we not in money, why...why.... why...I call it "The Why Process".... Here's why, it's actually very simple. Income, we don't have any and until that glorious day arrives when we are booking orders and making green, the houses will stay playing catch with the stock until it becomes a viable commodity for institutional clients. Simple very simple.
Techinically I have no idea of what Poet is doing, only that they will be "faster, cooler and cheaper". Poet cannot show their hand not in this market. I'm not expecting anything till mid 2020, until then I wait, at the table holding my hand (Capital). At anytime I can fold, that will be my decision, based on my instincts not my emotions. I'm a believer more so today then when I got in.
In closing go over those News releases, there's a blinding continuity to them. And stop looking at the damn stock price!
Yippeee TKB