Ark "Turr: how do you know it's oversold? What info do you have to substantiate your claim?"
Based on the definition of being oversold "condition in which the price of an underlying asset has fallen sharply, and to a level below which its true value resides. This condition is usually a result of market overreaction or panic selling."
We know the first part is correct, but the second part can only be opinion as we don't know what the true value of POET is. I share the opinion that it is oversold, but it is only an opinion. Unless a true value can be given to an asset, which is almost impossible with any stock without a crystal ball (or next month's newspaper), I would speculate that "oversold" is always an opinion with stocks, and can't be accurately measured with facts.
Just my opinion, a tricky question and answer - good luck!!
