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02:12 PM EDT, 03/15/2022 (MT Newswires) -- POET Technologies (POET) said Tuesday critical development activities have been moved to Singapore and other places after a temporary COVID-19 lockdown forced it to close its operations in the Chinese city of Shenzhen.
The photonics company said that on March 13 it was notified that its Shenzhen operations would be closed until at least March 20 due to the outbreak.
"We do not believe this temporary lockdown will have any effect on our planned delivery schedule to customers, prospective customers or business partners," the company said.
Price: 8.05, Change: -0.80, Percent Change: -9.04
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( the MM's are always ahead of us and this is why we had our dip today ... as usual the game is never level ... someone always has a heads up before we do ... but the MM's don't report a thing they just help in dropping the price for those that want or need to get in ... of course, JMHO )
I like the first part ... ;)
I agree with you ... with the news of the past month being all positive there is no other explanation except MM's are short on shares. It never occurs to them that working to get the price moving upward would generate more opportunities to acquire shares ... ;)
The link below is a good article from Margin Journal about POET and makes some excellent points to consider. It also explains the reference of why some have referred our uplisting to NASDAQ as an IPO, though it is clearly not and in my opinion it should not:
https://marginjournal.com/poetd-is-poet-technologies-inc-ipo-a-good-investment/
That makes 2 of us that would love for them to work together ... ;)
I think you have the correct idea ... ;)
YES SIR and "keep your motor running !!! "
futr, agree that NASDAQ is a great stepping stone for us because institutions and funds that were prohibited from buying OTC stocks will now be able to jump on our bandwagon. I think we will get our fair share of them buying in... ;)
In honor of POET moving to the NASDAQ on Monday morning, just a reminder who and what POET Technology is:
POET Technologies Inc. designs, develops, manufactures and sells integrated optoelectronic solutions for the data communications and telecommunications markets. The Company has developed and is marketing its Planar Opto-Electronic Technology (POET) Optical Interposer platform, which utilizes a waveguide technology that allows the integration of electronic and photonic devices into a single multi-chip module. Its Optical Interposer is a platform technology, which multiple applications can be based, including transceivers for data and telecommunications, integrated photonics on electronic switching devices, components for the networking and cellular markets, automotive light detection and ranging (LIDAR) and a range of sensing and other applications using light as a medium for data transmission. Its LightBar and LightBar-C products as multiplexed light source products operating in the O-band for data communications applications and the C-band for sensing and computing applications.
Suresh Venkatesan
Executive Chairman of the Board, Chief Executive Officer
From OFC comment on Reddit: Re - POET’s Platform extension to Multi-Core Fibers. "Multicore Fiber is a revolutionary approach to engineer a fiber for high capacity applications (Customizable, Small form factor, Resilient, Flexible).
POET IS THERE: "Demonstrated excellent coupling efficiency Visible and IR Image of a Multi-Core Fiber between MCF and POET’s SSC for each core."
I agree ... I have been against this Dark Pool crap for a long time. The unfair advantage it gives these &%&&%$)& is b.s. and if the SEC did the job they were given to do, this crap would be outlawed. The jails are not big enough to hold all tthe "white collar" jackals that should be behind bars and the politicians that also profit off the ill gotten gains ... you can't have one without the other going along with it ... jmho ... ;)
our day will come ... ;)
Finished the day nicely ... more to come
Rich TV Live ...
That is a good question ... it should, but I guess only time will tell.
poch, is this a russian website ?
Awesome to hear this prototype ... THANKS for sharing this great news !!!
New Tweet LotusLand Capital:
The imminent @Nasdaq uplisting will propel @POETtech and @SuperPhotonics to a $1B+ valuation. A North American Tier-1 customer announcement for 400G will also lead to rapid adoption of the Optical Interposer platform within the industry.
Link: https://twitter.com/LotuslandCap/status/1501232770135298048?s=20&t=VdR9jju7K33BdXXw4gkUpQ
"As the Research Dive study noted, there are two key areas where the optical industry can apply lithium niobate solutions:
5G Technology: “Persistent technological advancements in the communication sector and implementation of 5G technology in the near future are expected to create tremendous opportunities for the growth of the market during the forecast period.”
IT & Telecom: “Increasing adoption of lithium niobate-based optical fiber modulators for enhanced mobile network services is expected to propel the growth of the sub-segment during the forecast period.”
With POET engaged in those verticals, the opportunity to integrate with Liobate converges with the market needs at a critical time of early adoption."
From Reddit.com ... POET board ...
Posted byu/Beginning_Cause_8487
9 hours ago
Helpful
Masterpiece
Take My Energy
POET Technologies Nasdaq uplisting next week!
Catalyst
POET's business is "optoelectronic semiconductors" a new, innovative type of semiconductors. Today's electronic semiconductors just can't do what is needed, for example with artificial intelligence which needs huge data processing, or the transition to 5G, or the increasing amount of data through datacenters,.... Experts are looking to manipulate light instead of electrons. It requires less energy, is way faster and has no heating problems. Till recently it has been difficult to develop these superior optoelectonic semiconductors at high volume and low costs....... but POET has the secret sauce.
POET's chips have many pro's.
It has a unique wafer-scale assembly (1000's at a time) technique, unique speed agnostic waveguides, insane performance results and the capability to use every material they want depending on the client. POET is able to do what even Intel until today can't do, thanks to the brains of POET's senior management (ex-MACOM and ex-GlobalFoundries).
POET does what is called "semiconductorization" of optoelectronics, which means making optoelectronic semiconductors at high volumes and at the same speed by which eletronic semiconductors (in our phone, laptop, datacenters, cars,...) of today are being made.
POET's optoelectronic semiconductors are superior and we will become the industry defacto standard. Inferior solutions do not become standard. POET will. For example our 400G FR4 demo at the OFC conference (march 9th 2022) and this product can be developed by 1000's at a time. No one else does that. Everyone is still doing handwork as primates and POET is developing upper class products at the lowest cost (-50% total cost and -40% energy consuming cost compared to other "solutions"). Moreso, POET's chips have a way smaller size (4X smaller), and smaller is better. For example, sensing vertical: a spectrophotometer is bound to POET's chip in a wearable or phone camera -> huge amounts of data can be processed and glucose, lactate, hydration,... can all be measured from your wrist. Thanks to the small form factor, it can be placed e.g. in a mobile phone. They will announce a sensing partnership soon with "one of the largest wearable makers in the world", dixit POET. I'd like to think it's Amazfit.
POET is addressing various multibillion/trillion usd verticals (5G, wearables, Lidar, datacom, telecom, artificial intelligence).
4 customers already and potential TIER 1 is META and Broadcom. Number is growing fast. Many more will follow because the feedback on the alpha samples was strongly positive, and many more are waiting to evaluate beta samples later this year because they like to evaluate once instead of twice. META will probably be powered by the POET optical interposer. META is looking for 200G and 400G FR4 (Watch
POET Product Showcase at the OFC ...
We may find out that the two may already have plans to collaberate in different ways in the near future ... ;)
We may find out that the two may already have plans to collaberate in different ways in the near future ... ;)
Poet's newest hire says he is truly amazed ...
"This 400G receiver utilizes a truly game-changing technology that will make POET's approach of hybrid silicon photonics a force to reckon with in the 400G/800G FR4 module market," said Ben Chen, Chief Technology Officer of Surinno Photonics (formerly Hengtong-Rockley). "POET Technologies has been able to utilize its platform concept to provide easy-to-use optical engines for the data communications market with rapid deployment and demonstrations of 100G/200G TX-RX engines and also 400G FR4 engines. It's amazing technology.
Highlights of the new agreement ...
AVITA Medical Inc (NASDAQ:RCEL) has been awarded a group purchasing agreement with Premier Inc (NASDAQ:PINC)
The new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for the RECELL System for the treatment of adult and pediatric patients with severe burns.
The RECELL System is a device that enables healthcare professionals to produce a suspension of Spray-On Skin Cells using a small sample of the patient's skin to treat acute thermal burns.
This new agreement enables AVITA Medical access to Premier's member hospitals and regional representatives to help facilitate the adoption of the RECELL System into their facilities.
Premier is a leading healthcare improvement company, uniting an alliance of approximately 4,400 U.S. hospitals and 225,000 other providers.
Last month, the FDA approved the premarket approval application supplement for RECELL Autologous Cell Harvesting Device, an enhanced RECELL System that provides clinicians with a more efficient user experience and simplified workflow.
The launch of the new RECELL System in the United States will begin in Q2 2022.
Price Action: RCEL shares are up 5.22% at $10.48 on the last check Thursday.
Suresh today:
“Any time you are past the technology phase and getting into business development, getting into commercialization, starting to get into customers, becoming their preferred supplier, it’s always an exciting time… it’s also an extremely busy time for the company and there’s obviously a lot of things you’ve got to do. Sometimes we feel like we’re building the plane as it’s taking off, but that’s kind of what we do… As an investor base, I think you guys should take a closer look at us because we are definitely at an inflection point now”
POET Technologies Continues to Innovate as It Partners with Celestial AI
you tube video with Dr. Suresh ...
This rating was given 2 days before the announcement this afternoon, but after the Japan distribution announcement:
BTIG Thinks Avita Medical’s Stock is Going to Recover
Brian Anderson
Feb 28, 2022, 09:25 PM
BTIG analyst Ryan Zimmerman reiterated a Buy rating on Avita Medical (RCEL – Research Report) yesterday and set a price target of $21.00. The company’s shares closed last Monday at $9.20, close to its 52-week low of $8.15.
According to TipRanks.com, Zimmerman is a 5-star analyst with an average return of 16.3% and a 50.0% success rate. Zimmerman covers the Healthcare sector, focusing on stocks such as Tactile Systems Technology, Organogenesis Holdings, and Zimmer Biomet Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Avita Medical with a $21.00 average price target.
See today’s best-performing stocks on TipRanks >>
Avita Medical’s market cap is currently $225.1M and has a P/E ratio of -9.47.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RCEL in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Avita Medical Ltd. engages in the development and distribution of regenerative and respiratory medicine and treatments. It operates through the following segments: Asia Pacific, Europe, and Americas. The Asia Pacific, Europe, and Americas segments involve in the sale of RECELL Devices. The company was founded on December 21, 1992 and is headquartered in Royston, the United Kingdom.
Yes ... POET will get the additional exposure next week at the OFC and we should be ready to roll ... ;)
KCC yes it is ... RECELL is a GOD send. For anyone that is not familiar
here is a link to the RECELL SYSTEM:
https://recellsystem.com/
BTW futrcash, have you ever looked at Avita Medical ? ... ticker is RCEL
Just a friendly heads up: They signed an agreement today for the U.S. that should really help their future and signed another one with a large Japanese group in the last couple of weeks.
They have a VERY low float now and these 2 events should be game changers ... and believe me you should look into the product because burn victims have a new lease on life with RECELL and the company deserves accolades for what they can do for burn victims. It is truly a real BLESSING.
John Samuel
POET will really get to show their "STUFF" next week ... ;)
YES Sir and nice to see Avita with back to back agreements ... ;)
This should really help us get back our positive trend ... ;)
Avita is still owned by alot of investors in Australia. So, if it was down in Australia (last night our time) then there is a good chance will will memic them. Until the stock is more heavily traded in the U.S. it will probably remain the same ... jmho
Look at it from this angle ... nobody wants to sell ... too many good things are on the horizon ... ;)
If you have TDAmeritrade accounts with Poet in them they should be updated now with correct calculations ... mine were 5 minutes ago ... ;)