I own another stock that like POET recently went through a public offering. Also like POET, Rodman and Renshaw were the placement agents. It was whacked for >70% loss. Today interestingly enough that stock was up almost 40% much like POET this week. Perhaps they succeeeded in attracting some large investors to these securities? Just a thought.
Rogue
You could be right!!
In the last 4 trading days
Fidelity has bought of 965K shares while selling 65k
&
RBC has bought 2.0 million shares while selling 977K. ~ 1 Million shares.
I was impressed by the close today. I thought there would have been more traders unloading for the weekend. Guess they unloaded earlier in the day.