POET Technologies Inc. V.PTK

Alternate Symbol(s): POET

Technology Semiconductors

POET Technologies Inc brings solutions for faster and more cost-efficient data transfers. Its proprietary Optical Interposer is the foundation of an elegant platform that provides seamless integration of electronic and photonic devices into a single module. The company has multiple customers who build next-generation products for Data Centers, Telecoms, Artificial Intelligence, Internet of Things, Automotive LIDAR, Wearables, and more. POET has offices in Canada, the U.S., Singapore and China.

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POET Technologies Inc. > New Press Release - POET Technologies Issues Letter to Shareholders

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Comment by maestrodrumboeon Dec 09, 2023 10:25am

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Post# 35776175

RE:RE:New Press Release - POET Technologies Issues Letter to Shareholders

Yeah!! He did admit that in 2023 ,POET had a bit of a rough time..Really?
Poet stock is down around 80%, to 1.40 from as high as $7.00 back in early January,2023.
but not to worry folks..Shearholders Value is never determined by the SP.
Meanwhile the Nasdaq recorded almost a 40% Gain for the year to date.
How disgraceful is that?Suresh has NO Shame for taking this Company to the Brink of Bankruptcy..
He and Mika need only to look in the mirror and point their finger in that direction, if they are going to lay blame.IMO

The tech-heavy Nasdaq Composite has gained around 37% in 2023. The blue chip Dow Jones Industrial Average is up about 11% on the year. Not only have they rebounded dramatically, but the high-growth, cyclical technology, telecom and consumer discretionary sectors have been the top-performing S&P 500 sectors of the year.5 days ago