POET Technologies Ord Shs V.PTK

What's next?

[ark88]

Quarterly results due this week. Why isn't the financing not closing? Do you do it before or after the results? Can management afford to wait another week or two at these levels and risk a further slide? 
The only thing that is certain. The situation that POET finds itself in is entirely management's fault.

[lscfa]

IMO, Co. released prelim results so investors would not delay participation. Mgmt were idiots to do a financing just before ER.

[ark88]

There actually is a difference between mismanagement and "negligence". Mismanagement is what led the company to under $2 and it's "negligence" that has kept it here. What little advantage they had during this fiasco, it would appear they were oblivious to it.

[lscfa]

Nasdaq deadline is Nov 14 for fins

[ark88]

I think management needs to provide some kind of guidance along with the results.There's just too much uncertainty surrounding POET now. It can't be just funds raised and buisness as usual. I think they needs to have something concrete 4-6 months out. Anything further out, its either running out of cash again or its too speculative. Good luck

[ark88]

With the Q results coming tomorrow, I now see the prelim results released last week on the 6th. as the good stuff. Management must've read the dramatic fall in SP as the market thinking insolvency due to the vagueness of the proposed financing. But, that;s not what the market was thinking last week, IMHO. I think the market was thinking the financing as mismanaged but not thinking anything

[ark88]

Now its a trap with little to no liquidity. Sadly, people should've taken some off the table with the volume of last week, instaed most probably sat on their hands relieved that the SP wasn't collapsing further. This inaction may turn out to be tragic if the SP starts tumbling again. Here's to tomorrow's result conainting some nuggets of certainty and hope.

[Poetwhen]

This post has been removed in accordance with Community Policy

[gilver]

Be neutral to others and they can be neutral to you. Are people really posting here to save others? For those who are not comfortable with this stock, there is a whole universe out there where you can feel more secure with your holdings and have no need to bad mouth your own investment. So simple. People make their own choices and it's nobody's business bu their own whether they trade