POET is attractive despite poor current financials and lack of buy signal, driven by recovering metrics, 100% surprise upside, expected revenue growth, and oversold status.
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The door poet had a declining wedge breakout and confirmed was at the 0.618 Fibonacci. Thoughts about making another run up? I believe the last pump was a short squeeze. Let's check out Poet Poet Technologies.
Remember that's an adjacent AI player if I'm not mistaken. No, they make electrical products. Oh, well, let's also look at financials first. Oh, uglies. I don't like I already don't like the financials.
Um, I don't touch crap that loses money. Okay, it's a very strict rule of mine. Why why buy that loses money when you can buy stuff that makes a lot of profit? though. But they did have a surprise upside 100%.
They did turn a profit here and expect big revenue growth here. So this is interesting. Maybe they are turning the page. I'd have to look at their Yeah, very small small amount of debt.
Not too concerning there. H All right, let's zoom in a little bit more into this because the financials look like they are really recovering. Uh, it is on the mean reversion. Very oversold.
This green dot here, that's a positive and that's right 80% of the time. And could we go higher? This could be a nice little play. You may have to be patient. I'm going to look more on this one.
Uh, but yeah. Um, no buy signal. Big sell signal. Mean says yes. Trend is about to turn. Yes. Uh, yeah. This is looking attractive. The door is very attractive.
Poet, even though it's not my wheelhouse.
yeah, more a lot of chatter about poet today. Sometimes, by the way, I get requests, you know, to look at a 100 stocks, and one in a 100 is interesting. This poet could be one of those one in a 100 interesting names to look at.
What this channel has said about $POET
InvestAnswers has only this one call on this stock.