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POET Technologies Ord Shs V.PTK

Alternate Symbol(s):  POET

POET Technologies Inc. is a design and development company. It offers high-speed optical engines, light source products and custom optical modules to the artificial intelligence (AI) systems market and to hyperscale data centers. Its photonic integration solutions are based on the POET Optical Interposer, a novel, patented platform that allows the integration of electronic and photonic devices into a single chip using wafer-level semiconductor manufacturing techniques. Its Optical Interposer-based products consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition, it has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. Its Optical Interposer platform solves device integration challenges across a range of communication, computing and sensing applications.


TSXV:PTK - Post by User

Bullboard Posts
Post by aweighon Dec 02, 2016 2:47pm
110 Views
Post# 25548060

Could be the mother of all tax loss seasons coming up !

Could be the mother of all tax loss seasons coming up ! How many of the owners of 260,000,000 shares could possibly be in a profit position and if you sold at .20 who's to say you couldn't buy back at .25 or whatever.
Who actually gives a shite what you buy it back for because you are never ever going to break even anyway so why not take the loss and move on. Of course I guess you could try to average down but many would have to buy so much stock to get a decent average that the risk would be insane.
Tax loss season might be interesting for a few traders but then there are plenty of other stocks that have better bounce appeal so I'm not sure about buying this even for a bounce.
Too bad this has destroyed a lot of net worth for so many.
Bullboard Posts