Re: Nasdaq good or bad
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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
Message: Re: Nasdaq good or bad
Well I would like to discuss it. At least a little. I think most of us were perplexed to see the response LWLG received but Poet did not. Since both companies are in the same field with a similar path I think we can entertain the idea for the moment.
I think we can agree the Nasdaq listing will give Poet a push up? In FJ's post you can see LWLG had a nice bump when the announcement was made. However if you look at their stock price back in June it was already on it way up almost 3X. My feeling is those News releases have a hook that just about everyone can relate to.
June 16th 2021
" New Modulators triple the speed of incumbent devices and provides the potential to enable significantly higher internet traffic."
and
June 24th 2021
" New patent to enable increasingly close relationship with large silicon foundries.
New device design to improve internet throughput with significant power savings."
The other thing I hear of concern is we will get shorted once listed. First off I would like to see Poet announce one solid design win prior to uplisting to create a foundation with some buzz. Bring our share price up some to a reasonable r/s Then keep them coming. There would be a very small window of opportunity to short especially when they announce the wearables contract with a large customer. You want to chance shorting that then good luck to you.
As long as production is not delayed more than a few months I see more upside to this move than downside. We are ready.
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