POET ain’t worthless

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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POET ain’t worthless

posted on Nov 21, 2023 03:04PM

In 2016 was the last time we had been valued at those levels. This is when after the 4th terminal we literally had nothing left and the company almost folded.

Then came Suresh and saved all our investments. And I am thankful for that.

I can't believe we are here again and I do think that this SP action is exaggerated. We can't be worth less than we had been in 2016.

Now we have products and we do have PO's and we do have a JV Partner and customers.

So, let's get that financing behind us and I am pretty sure we will be valued again at minimum 100 million. Which is still around the 2016 value.

There are "forced" circumstances that led us here. Margin calls, forced selling, shorting, manipulation, desperation, fear, hopelessness and many more. On top of some mismanaged financial company decisions. But this will be over at some stage.

But, as POET did not fold in 2016 I do not believe that POET will fold now and get bankrupt. So, I hope we will see the end of the bleeding very soon and start a new. Maybe with some changes in management which could provide some fresh air (oxigen" to spark some new positive fire on the stock.