Looks like POET is the target of a significant short event. Easily done when traders know there will be natural pressure on the stock due to the accelerated warrants situation. The $4.25 warrants are done. But remember there are just over 1M $5 debenture warrants that expire in tranches over the next few months. More than half of these will be done by May 3rd.
So the pressure could continue for a little while longer.
The good news is this :
More cash in the POET bank account.
Short attacks come and go.
POET is here to stay.
This will pass, that is inevitable.
So my advice is try to ignore the short term effect of shorting and warrants conversion.
POET will continue to execute to their commercialization plan and as TM said there are definitely important news releases coming over the next few months regarding new customers and products.
Sit tight.