Bullboard - Stock Discussion Forum POET Technologies Ord Shs V.PTK

Alternate Symbol(s): POET

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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... see more

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POET Technologies Ord Shs > Institutional Investors

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Post by MISTERFB on Apr 14, 2022 5:04pm

Institutional Investors

Its been stated a number of times that one of the reasons for the reverse split was to get the share price over $5 since institutional investors cannot buy below that level. I'm not entirely sure if that is true. If that is the case, does it mean that If the share price goes below $5 would that force any institutional investors to liquidate their position ? Just looking for honest answers and no flame throwers.

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Comment by wintersun10 on Apr 14, 2022 5:20pm

If all the institutional investors that joined Poet after Poet uplisted sell. You have to assume that would result in zero selling, as absulutely no institutional bought anything...

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