Comment by
lscfa on Nov 30, 2023 3:52pm
Why the hell wasn't this info released before a financing price was set? Fire the whole damn finance dept.
Comment by
ark88 on Nov 30, 2023 3:54pm
Th eonly way to rationalize between what Raju says and teh SP is yes there's all this interest and activity but not the scale at this time. Also, with the Zacks report, the revenue projections must be either not counting firm orders or are heavy discounting.
Comment by
ark88 on Nov 30, 2023 3:55pm
and If any of what I noted is true, then this could be one hell of a christmas gift when this shoots right back to 4.
Comment by
maestrodrumboe on Nov 30, 2023 5:40pm
Uhmm!!..Can't wait to find out how many shares from the offering were bought by management,if any.I have a hunch that a good chunk of the shares were bought up by management,if in fact ,they have a Plan B...but I could also be wrong.I guess we shall find out soon enough when the deal closes, on Dec 5th.
Comment by
lscfa on Nov 30, 2023 4:09pm
Zacks shows US$2 mil revenue for poet in 2024 (front pg) and US$3 mil for SPX (buriied at end of report)
Comment by
lscfa on Nov 30, 2023 4:13pm
Did poet mgmt even proof read the Zacks report before release? Nov 6, 2023 - "Non-recurring engineering (NRE) payments for custom designs and initial sales of engines and modules in the AI hardware market are expected to provide multiple single-digit millions in revenue to POET in 2024..."
Comment by
jboom70 on Nov 30, 2023 6:10pm
Rule #1, retail is the last to know. Losts of steak dinners were made shorting this stock before pen was put to paper. Look at the volume today.