Agoracom: Small Cap Investment - POET Technologies Inc.

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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stevo03

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PTK

posted on Feb 08, 2023 03:16AM

In my Interactive Brokers Account I hold Poet Shares in both Canada and the United States.

Interactive Brokers sent me a Message:

SYEP allows IBKR to borrow fully paid shares from you in exchange for US Treasury or cash collateral and lend the shares to short sellers who will pay to borrow them. Each day that your stock is on loan, you will be paid. You can sell your loaned stock with no restrictions.

The highest income-generating* stocks from lending are:

Symbol: IMMX; Estimated Income: USD 1,537

Symbol: PTK; Estimated Income: USD 830

Symbol: MSTR; Estimated Income: USD 704

I wanted to share this with the Group.

It was only my Canadian Holding they wanted to borrow. That makes sense as that is our Main Listing.

I will not be lending my Poet Shares. What I have done is put a sell Order in at 50 Bucks. This way they can't use them to cover shorts.