RE:RE:Most important lesson learned from POETEverybody knows what happened..lol
I would ask Calimero.. if might this be the reason ?
they pumped it up by duping SH in believing that the Pooet was a $1 bill company and that customers were lining up with PO's and meanwhile they all started dumping in unison.
they drove the MC from $400 mill to $50 Mill and still no chance of sales revenue in sight ....lmso
PS Likelyhood of Bankruptcy is growing by the day..
POET has an Altman Z-Score of -15.88 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
gilver wrote: 1. Did the entire executive team sell?
2. Did those that sold only sold a portion of what they held?
Might there be information of what happened left out in your post?
gilver
ark88 wrote: Sell everything when the entire executive team sells.
If you followed their example and bought back in with the recent offering, you'd be seating pretty.
I know hindsight is 20/20 but it is that simple