As Founder, Chairman and CEO, Sheldon Inwentash is responsible for creating the overall strategic vision and setting the direction for Pinetree. His actions have been speaking louder than words in respect to POET Technologies of late. Check out these recent buys by the Chairman:
On March 26th he picked up 200,600 shares at $1.20 per share. The following day on March 27th he picked up 157,300 shares at $1.27. On March 28th he grabbed 92,000 at $1.34. Then on April 4th he bought 150,000 at a price of $1.49, followed by another 25,000 shares at $1.50.
Pinetree Capital bought even more, picking up 898,900 shares between $1.20 and $1.49 in the days between March 25th and April 4th.
POET Technologies has been a favorite for a number of members in Pinnacle’s monthly Stock Challengein recent months. Member ‘Ping Pong’ selected POET Technology for April's Stock Challenge and its return, combined with his other selection, had him sitting in 6th place overall with an 18.51% combined average Tuesday.
1 year later both take revenues.
http://www.pinnacledigest.com/blog/pinnacle-digest/pinetree-capital-goes-poet-technologies-buying-spree