In all seriousness, I actually value yours and @thunder54 's views.
Chartist following the chart and people experienced in IT backdoor listings have some history, and with history, comes wealth and knowledge.
So, I ask myself, what do I think the long term outlook is for this business? Are they in the right field? Do they have the right connections? Are they the guys I think are going to do a dump and run with their shares? (profit taking board).. or are they looking at making this work? are they skilled enough? ... the list goes on and on.
In business, a lot has to do with the right connections. And sometimes, you get those connections with some on-board with your idea. Does their mind start to go crazy with the principles on big data collection and analytic's (as a service). Can they see that data drive their business. With IoT, yes.
So, to answer my own questions (IMHO), Are they in the right field? yes
If I was a kid today, and loved programming and computers, I would want a Bachelor Of IoT (either a Bachelor of Engineering Honours (Electronic Systems and Internet of Things) or Bachelor of Science Honours (in the Internet of Things) .. seriously, get your kids and grand kids on it .. they're opening an office here in Adelaide
Universities investing in new degrees. Tech companies scrambling in Seattle, SILICON VALLEY.
BIG corperations looking to be ahead of their competition, working faster and alot smarter.
Everything to me points at yes.
Do they have the right connections? Yes
Number 1. they're in Seattle! They've been noticed. Microsoft = Juggernaut. Connections all there. Board looks fantastic.
Check
Are they the guys I think are going to do a dump and run with their shares? .. or are they looking at making this work?
Dave is a driven individual. He's only 39. Outstanding career and now he has this opportunity to realise his dream. I don't believe he's here to dump and run. He's looking to build. Make connections. Open offices. Hire new employees. Have the capital to hire the best talent. He is a true entrepreneur, and I believe.
are they skilled enough? Yes
They have a living, working, breathing product on the market place. Very uncommon for these backdoor listings, and I believe very special. All their current decisions, to looking for and hiring that next big marketing wiz, something they need strength in. to expanding operations where they have a second office, on the other side of the world, to cope and support the business in a 24hr world is right.
It's up to you to make up your own mind.
Sell now and think it's never gonna make it.
Sell now, hope for shares in the CR and SPP (path of least resistance) or to buy in lower after relisting (wait too long and you might miss out)
Hold. Believe the price at least in the medium to long term is going to be above current rates. (looking at the graph it points down sharply so ST is uncertain but we expect a TH soon)
Hold buy, ride the down swing.
Hold sell, minimise risk.
Buy now, new investor, ride the down swing.
Buy during CR or / and SPP, cross your fingers! you gotta be in it to win it though.
Buy after Commencement of trade and relisting as BUD, homework needs to be done. Risk. Usually done soon after but trends show sharp rises on the top stocks after relisting, can take a few weeks.
or
..wait
Professional brokerage houses usually wait to relisting to minimise risk and stay out of the above mess.
So, i'm holding ..waiting
People not holding want the price to drop so they can get back in. Believe me, their is a lineup!
My 10 cents
POK Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held