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Bullboard - Stock Discussion Forum 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... see more

TSXV:PTK - Post Discussion

POET Technologies Ord Shs > Wasn't There 5000 shares sold during the ATM at $5.28?
View:
Post by gilver on Nov 03, 2023 10:56am

Wasn't There 5000 shares sold during the ATM at $5.28?

I recall seeing postings about that.

Since that time the share value has been retreating and then collapsed yesterday because of
unnerving uncertainty. This is unfortunate and not good communications and it needs to be addressed.

My point is that if someone or a fund, etc. ponied up $5.28 during the summer, then they must of had good reason to feel confident to do so. Therefore, somewhere between that timeframd and now, my guess would be that there is something in the works to establish a value and amount of shares that will be good for all parties involved in the alledged transaction(s) to come; especially, since the ATM was pulled. 

A lot of shares changed hands yesterday during a precipitous drop in share price. Panic
will cause retailers to sell in favour of whatttt?

We need answers so that we all can stop grasping at straws with theories (good or bad)

gilver
Comment by pennyflipping on Nov 03, 2023 11:09am
I think it's clear you don't have much of a clue what is going on. Glad to see poet management came thru with their gift cards tho. Lol
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