Poet Technologies Inc (POET)

[mackwheaton]

I think you are right strik about the heavy promotion underway. If they get to the .70 to $1 range this year, it will be enormously overvalued versus revenues over the next 18 + months. I have divested the majority of my POET holdings and am actively trading 3 or 4 stocks. I may buy some more back in a few weeks though. Buying and holding POET was a costly deviation from my investing strategy and their leadership since 2014 got me crook, line and stinker. Not repeating that mistake with any stock. I'm playing market for quick 20% plus gains, in and out, and hoping for the occasional 50%+ win over a period of weeks, not months or years.

The India RFP is good news in developing the GaAs technology but that will take years and will be revenue neutral. InP sounds promising but that will not contribute substantially until 2019. I'm not waiting, it is too costly. If it becomes a billion dollar company, that will make it worth at most $3 per share. I don't see a path to that within 3-4 years and, in technology, that is too long a time. I will watch and trade opportunities if they arise but that is about it. Best of luck to you.