Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

Free
Message: Sturm und Drang

The chart looks fantastic. Very healthy.

I observe that in 3 days of trading PTK moved up almost 50%, and then came back down, to close higher than it did on its last correction on June 11. Observe the volume: it spiked with the rally and collapsed with the correction. also very healthy.

People are way, way overthinking this. I think the term is "overdetermined." Just take a moment and reflect on every time the stock has traded down and all of the reasons ascribed to it around here. How many of those WAGs (wild-ass guesses) turned out to be accurate or true? Like, maybe one in twenty? I honestly think I am being generous here.

I have been invested in PTK long enough that I have as many shares as I can handle, but I still bought 100 shares on Friday, and will buy another 100 on Monday. Why? because I always want to practice the habit of 1) fading my emotions and 2) buying on red.

Of course I don't know if the correction is over, but Friday was a great day for a prudent speculator to add to the position.

Enjoy your summer. In my humble opinion, we are still in a marathon and patience is still required. My interpretation of "design wins" was that TM was telling us to be patient, because there isn't going to be a barn burning revenue announcement this calendar year. I certainly could be wrong about that, but that is my base case, and looking at the chart, the stock price could still melt up and end the year closer to $2 without such an announcement.

As for LWLG, I just don't give a sh!t.

Peace.

5
Jul 12, 2021 07:04AM
Share
New Message
Please login to post a reply