We don't need this kind of negativity..... Hoping for some good news soon.....
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Mar 16, 2016 02:59PM
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Is POET Technologies Inc a Sell? The Stock Declines Again
by DAVID HANNULA | MARCH 14, 2016
The stock of POET Technologies Inc (CVE:PTK) is a huge mover today! The stock decreased 0.99% or $0.01 on March 14, hitting $1. About 294,964 shares traded hands. POET Technologies Inc (CVE:PTK) has risen 6.00% since February 14, 2016 and is uptrending. It has outperformed by 8.95% the S&P500. The move comes after 6 months negative chart setup for the $202.37M company. It was reported on Mar, 15 by Barchart.com. We have $0.86 PT which if reached, will make CVE:PTK worth $28.33 million less.
POET Technologies Inc. is engaged in the design of semi-conductor products for military and industrial applications. The company has a market cap of $202.37 million. The Firm creates III-V semiconductor devices and processes for commercial, industrial and military applications, including processors, system-on-chip , optical and opto-electronic devices, infrared sensor arrays and ultra-low-power digital circuits and random access memory. It currently has negative earnings. The Company’s POET platform provides the monolithic fabrication of integrated circuits containing analog, digital and optical elements, with applications in devices, such as smart phones, tablets, servers, computers and Internet of things (IoTs).
POET Technologies Inc - (CVE:PTK)
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