Poet Technologies Inc (POET)

[mackwheaton]

I dropped my membership so I don’t have PMs anymore.

My thoughts,

History says we will need news to drive this up farther, unless the newest players, MMCap and ?? were given a peek (plausible) as a quid pro quo for a positive repricing vote and a promise to hold off on any action until the repricing was approved. And they are known to play either side of the trade to their advantage.

There are a lot more lookers including the biggest players who are thirsty for 1.6/3.2T, POET has a very high level of confidence, (certainty?) of 1.6T and a clear path to 3.2T when the industry is ready. The dual demands of AI processing and hyperscalers appear legitimate.

If the short reports are accurate, somebody really wants to hold it back.

I still lack confidence, not in internal technical execution, but in the ability to manage and leverage external relationships in their favor. I think it is a weakness that is demonstrated and understood by their competitors, potential partners and customers. While the SP appears to be recovering, it’s still the same peoplein charge that flew it into the ground.

I will be surprised if POET remains a stand alone entity by the end of next year.

Enjoy the 4th. Sous vide prime ribeyes and cold beers are on the menu.