Does it really matter This stock took beatings every time it released any news. Good or bad. It was ridulous.
It has been such a bizarre ride I wouldn't even be surprised if it went up on Monday.
Either way, up, down, earning reports, etc. Nobody here is expecting any giant leaps until the POET testing is complete and is poised for a production release. The stock can do whatever it wants until that date. It is what all longs are waiting for.
The technology isn't ready for release yet, so poor earning shouldn't be a surprise. The company should move out of the solar end altogether, or separate the 2 divisions. The processing technology is the big ticket item. I'm invested for the future or POET. Give me a news release stating that it has failed testing or is no longer being persued and I will liquidate my shares. Until then, I'm waiting as I always have. I don't expect any major news till fall of this year or sometime in 2013. I'll be sitting tight till then regardless of what solar's numbers are doing to the current revenues.