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

Alternate Symbol(s): POET

Technology Semiconductors

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

Add To Watchlist

TSXV:PTK - Post Discussion

POET Technologies Ord Shs > Change over the weekend

View:

Post by wintersun10 on Apr 24, 2024 8:24am

Change over the weekend

Before the weekend Poet was right on track to follow Rockleys example.

Then over the weekend a You Tube drops. Hard to believe that a stupid You Tube video all the sudden convinced all these people to buy. Yeah, could be a "Meme" stock event.

Or it is somebody trying to avoid the Rockley scenario. A rescue action by legacy shear holders. Or a hostile take over effort by one of the industry players.

Again, we need to see some follow through. But with rising prices the bancruptcy scenario gets taken off the table.

Who knows? I guess that is why Poet is a speculative stock.

176

Comment

Comment by wintersun10 on Apr 24, 2024 9:52am

Not that i believe there are a lot of shorts. But any remaining ones are getting smoked, big time.

Comment

Comment by wintersun10 on Apr 24, 2024 9:56am

House Positions for C:PTK from 20240424 to 20240424 House Bought $Val Ave Sold $Val Ave Net $Net 2 RBC 45,536 118,845 2.61 6,725 17,647 2.624 38,811 -101,198 79 CIBC 62,183 162,077 2.606 32,000 ...more

114

Comment

Comment by wintersun10 on Apr 24, 2024 4:04pm

I repeat this is not normal trading. We will find out one day what happened.

Comment

Comment by MISTERFB on Apr 24, 2024 4:30pm

My experience is that rallies usually peter off by the third day but this one keeps getting stronger considering volume and percentage gain. It feels like there is big news coming.

Comment