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Bullboard - Stock Discussion Forum POET Technologies Inc. V.PTK

Alternate Symbol(s):  POET

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... see more

TSXV:PTK - Post Discussion

POET Technologies Inc. > Am I correct here?
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Post by brundall on Jan 27, 2021 7:00pm

Am I correct here?

POET needed money and went on a news release and promotional frenzy in order to get the SP up to where a financing would appear acceptable to most shareholders....

mission accomplished, they then arrange a financing at $0.85 with the usual banksters....

the share price however had risen too fast past that price and something had to be done to apply the brakes - you know for appearances sake.....

a story about an upcoming reverse split that may or may not be needed and may or may not happen at any point in the forseeable future was released to the masses....

the share price rally ends and the SP falls back to around financing levels as expected....

reasonably priced options can now be awarded in the next little while before the next news release blitz...

Does this about sum it all up?
Comment by DLight1 on Jan 27, 2021 9:53pm
This post has been removed in accordance with Community Policy
Comment by wintersun10 on Jan 28, 2021 1:09am
The Fairy Tale section is over at Fantasy Land...
Comment by gilver on Jan 28, 2021 11:09am
You pick the easy basher argument to create doubt probably before the next run-up in share price. Looks like you probably want to get your hands on any loose cheap shares. Your sinister view is already wrong. Poet is at $1.00 again and rising now because it is good and getting better than good. The word on Poet is out. The Empire Club is full of well-connected wealthy people. Even if Poet rises tp ...more  
Comment by LawrenceKnight on Jan 28, 2021 11:28am
Get it right Goober. It is guudd and getting better than guudd! Lol
Comment by DLight1 on Jan 28, 2021 11:42am
This post has been removed in accordance with Community Policy
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