wow, I go away for a couple of weeks and all heck breaks loose. Well I am back!!! so, may be things will start to shore up for PTK now. LOL.
Got some family into POET, during the major correction. They are now waiting on the next leg up.
IMO, the EC event will produce a delay reaction ( by approx. 2 weeks) as analysts do their homework and determine whether to take a position.
Right now, exercising and selling of warrants which are about to expire ( June 2014?) is the flavour of the day. Looks like it is slowing and may be finishing very soon. At the request of the company???
Technicals are looking much stronger and are indicating a recovery in the SP is nearing us lil ole retailers. Those who decided to weather the storm.
Remember volume preceeds SP, so if volume remains subdued while the SP stabilizes, chances are the next move is up.
Stay tuned!
