Replies to post #6089 on Poet Technologies Inc (POET)

[KCCO7913]

Enjoy Mack!

You are drastically underestimating the power that traders can have. This wasn’t just a blog. That YouTube channel has ~350,000 followers. If 1,000 of them have $10,000 to trade with that’s $10 million of fresh money smacking around a stock that was unnoticed with tiny volume just a week ago. Understand these types will go in and out multiple times per day. And some of these traders are clearly playing with bigger money than $10k. Hell, I’m not a trader but I got my toes wet this week and recouped a nice chunk of my previous losses. Overall…still in the red just a bit. Easy, easy money made this week and I’m a dummy.

We’re not seeing huge dark pool trades recorded so this isn’t institutional accumulation.

This isn’t industry/partner accumulation because nothing has really changed in the last couple months and a potential industry investor has already had opportunity to participate in financings if they wanted to.

IMO this is pure retail trading.

And that is OK as long as the company is raising ~$10 million via the ATM throughout all this.

Whoever orchestrated this whole thing deserves some recognition. Proves to me that in desperate times, someone at POET is willing to get into the mud and get nasty. I like that.

Now…I hope the momentum continues. Best case scenario is the traders bring this to $7-9ish per share. Hover around there for a few weeks and you’ll start to get forced buying by the indexes. THEN things can get weird as you saw with LWLG during 2021/2022.