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

Free
Message: Short Squeeze?

I am a long investor and long time reader of this forum. Normally, when I had a fresh though about POET in one of the difficut situations of the past, it took only few hours to days until somebody else came up with the same concept or idea, no chance or need for me to contribute.

So maybe one fresh idea in the current situation, which I haven´t read so far (did not manage to read all posts of the last days). Someone said it was a misstep that management took (or a series of missteps and maybe some unfortune combination of events), looking forward it is only important what they do next. If the SP mess was created by traders, margin calls and short selling and I have to assume that the short sellers are in control of the SP and if the market cap is so low that it takes a massive dilution of almost 50% to finance the hopefully last (lowest risk) year before breakeven, what would I do?

I would try everything to cut off the short sellers from the supply of cheap shares and warrants. There are large single investors out there (remebering Marc Lustig and others) that must be interested to protect their investment potential, if the company has, what it claims to have. So shifting 90 degree to an alternative financing, cutting of the greedy Maxim crowd, could cause a short squeeze. Is that we started to see yesterday? I have no idea how many open short positions are existing, how much could have been closed yesterday with 380k volume? In that scenario the rollercoster ride up might just have been started. It´s probably not easy to address the capital rise during that ride, but it offers to reduce the dilution rate and for management to restore their reputation a bit. Yesterdays news release gives me hope that there is not an exclusice contract with Maxim, on which short sellers could bank on their actions.

hoping for the best, best regards
bombilla

10
Nov 23, 2023 06:06AM
40
Nov 23, 2023 06:41AM
20
Nov 23, 2023 07:26AM
11
Nov 23, 2023 07:39AM
4
Nov 23, 2023 07:57AM
10
Nov 23, 2023 08:06AM
10
Nov 23, 2023 09:40AM
9
Nov 23, 2023 09:41AM
8
Nov 23, 2023 09:46AM
9
Nov 23, 2023 11:22AM
7
Nov 23, 2023 11:35AM
16
Nov 23, 2023 11:52AM
7
Nov 23, 2023 12:02PM
12
Nov 23, 2023 01:22PM
3
Nov 23, 2023 01:50PM
38
Nov 24, 2023 10:42AM
17
Nov 24, 2023 12:03PM
10
Nov 24, 2023 02:40PM
6
Nov 24, 2023 03:42PM
4
Nov 25, 2023 08:13AM
17
Nov 25, 2023 10:28AM
4
Nov 25, 2023 11:11AM

Nov 25, 2023 12:44PM
Share
New Message
Please login to post a reply