Poet Technologies Inc (POET)

[mackwheaton]

That was a Rodman and Renshaw underwritten financing I believe. Rumor has it someone associated with them intentionally shorted the hell out of it, drove it down to 48 cents on the day before closing, which also triggered a 25% premium to them that also drove the stock down to 36 cents CA. An incredible fleecing as they left the stock vulnerable for nearly 3 weeks before closing, mal intent was never more obvious.

I can't foresee doing a financing without any major promo, something material, but WTFDIK.

Something has to break very soon, hope it's not us.