POET has a relatively small float.

There's not much volume/churning because there's no volatility in the price.

Each time that the price has fallen, people have added/absorbed more of the float.

Some have been doing this for a decade.

Institutional buying is practically nonexistent.

I believe the float is tightly-held.

I have never been warned by any company that it "would be a big mistake to wait-and-see".

No company would risk their future reputation by saying something like that unless there was substance equal to the weight of the warning.

I've only stated some facts and some opinions.