Post by
oldtrouf on Apr 24, 2024 6:49pm
This could go parabolic at any moment
The pro traders on the Naz are flushing out the long suffering TSX-V bags. It is plain to see. Poet is the new darling at the moment. 20 dollars is not out of the question short term. FOMO kicked in today. I suggest at least 80% of the shares bought on the NAZ will hold for the "moonshot" and are not flippers. It is the perfect storm considering the low float. This is the moment that going to the NAZ was all about. 10 years of grief will be erased in 10 days. 8 dollars USD will come soon which is where it was when it went on the NAZ. So sad for those who got wiped out with margin calls a few months ago. GLTA
Comment by
lscfa on Apr 25, 2024 9:09am
Also, some rotation from expensive AI plays like Nvidia to cheap plays like Poet.
Comment by
helpful1 on Apr 25, 2024 12:02pm
Hi Gil ver 43% gain & $3.30 open was encouraging however there was no real news on the reason for the jump.I need confirmation of reasons POET jumped Wed. I am still waiting for confirmed large contracts. Your thoughts. It did fill the gap Yesterday.
Comment by
lscfa on Apr 25, 2024 2:51pm
The blogger used words and phrases like "invented", patents" and "no other company can copy it". Poet mgmt should use these terms more.