RE:RE:Why is POET being punished today Poet is not held back by excuses as Poet is nimble, efficient, and fast for a tiny public company. It so happens that it's customers are global mega giants that move slow and carefully. Those global giants deal in orders of tens to hundreds of millions at a time amounting to billions in sales collectively for Poet's customers that serve their global mega giant customers.
Foxconn is a very large global company that serves mega giant global companies like Apple. Luxshare is another large company that is Poet's customer that has Apple among its customers too.
Aroubd the time of Poet's second news release having to do with Fioxconn, it was mentioned on X that FIT will incorporate Poet's Interposer into their current products as well. This should result in production orders sooner from Foxconn than previously announced. This also is a further endorsement of the robustness of Poet's Interposer.
gdemocracy-capitalism
wintersun10 wrote: The excuse of its the markets does not fly anymore..
The financiers are making good use of their warrants. Good for them. That is how it works for stocks that survive on promises and prayers. The only way financiers will risk their money. Well, of course by not risking their money.
It will be like this till real orders with real money surfaces. Two Years more of testing, so no need to watch out for Poets emails with orders any time soon. oldtrouf wrote: The rest of the markets are fully rebounded as POET continues to flounder. Very disturbing to say the least.