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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

Comment by MISTERFBon May 12, 2022 8:33pm
67 Views
Post# 34679981

RE:Market Comparison Since Jan. 3-4. 2022 to today

RE:Market Comparison Since Jan. 3-4. 2022 to todayThe institutional purchases are a vote of confidence for the technology. We are now up to 2.5% and it isn't going to stop there. They don't go into this with the purpose of losing money for their clients. The share price was artificially pumped up prior to the Nasdaq listing and rightly came down in the absence of a major news release which many expected but never happened. I'm not happy with the share price as it sits but it has fared better than most tech stocks thru this downturn. Just take a look at Shopify, Netflix and Tesla.The institutional buying is based on a longer term horizon than some of the Debbie Downers who I suspect are deeply under water here with bad timing and struggling to scrape up enough cash to put food on the table and for a fresh supply of depends. Keep the faith and your water wings full of air for this will all pass.
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