POE being dumped by the chunk POE selloff is over 25% now with over 5x avgvol traded in first 90 minutes. It looks like some large blocks have crossed this morning, but the price seems to have stabilized here.
The 3-day rule may apply here to let things settle out before buying or selling now that we've seen such a big drop today. As they say, things go up too far and they drop back too far, so maybe it recovers part of the loss over the next few days.
Unknown: Whether mgt is holding out on more bad news, such as problems in Indonesian drilling or probable drop in total production rate during the current qtr.
GLTA