Always entertaining.
I'm watching a few stocks that are running on nothing but hype, no revenue streams, and FAR less potential than POET. They have been climbing steadily. Several up over 200% in the past month alone. Though they are complete duds.
What's amusing with POET is, it seems that since an estimated date for revenues has been suggested (which would be much more than any of these other companies have in the wings), everyone is bailing until moments before that date (Qtr 1, 2015). You'd think there would be some major accumulation during this time at sub $1 prices, or at the very least stability.
Just shows the Venture mentality and how most things here get played on hype and bs.
Sitting on our hands should pay off in a few more months. Seems like some people would rather roll the dice on much risky investments in the meantime. A few more weeks/months of bad stomachs and we should hopefully be climbing healthy on the Nasdaq.
