current short position

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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kooter33

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current short position

posted on Feb 17, 2019 09:48AM

https://shortdata.ca/stock/PTK.V/

pretty small short position as of Feb 1st, 2019. 60k. Mika was talking about traders wanting a deal on new i stock ssue to cover their short position. That was a no go as far as he was concerned. Debt was the way to finance the company going forward until the Denselight sale agreement(s) were completed sometime in the late summer or at the latest Sept 15th.

I have no position in PTK but the recent rise has my interest. So much for GaAs tech, InP is the new wave. After many years of re-designing/re-developing the company thru Denselight facility, they may finally got it right this time. I like the fact they are going "FAB Lite". Sounds promising. Still 2 years out IMO.