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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Message: Re: Short Squeeze?
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Nov 23, 2023 01:50PM

Amazed and somewhat horrified to learn that Maxim has the authority to short Poet.. the very stock  it is offering and presumably " promoting" to its clients and public. This would appear to be a total conflict of interest.

It leaves Maxim with the power to control the price of the stock and to decide where it wants the offering price to be set.This control should be in Poet's hands ! Perhaps Maxim has been the catalyst for this huge price drop over the last short period..knowing that if the price was pushed low enough it could trigger margin selling and stop loss orders. 

Did Poet not run the proposed Maxim agreement via its lawyers who surely would have pointed out the danger of allowing the broker to play both sides of the market? 

Why was a price not fixed for the offering in both markets ? 

Most people were probably relieved at the price rise from $1.30 level to $1.90 level but it is still only 50% of the $3.74 price on 1 Nov, when the offerings were filed.However for long term(pre reverse split) shareholders the share price is now only an original 18 to 19 cents - pitiful really after so many repeated company indications of great things about to happen.

It would a blow to all shareholders if the pricing is done at the current level, because of the massive dilution involved.

When do actual production and sales/shipments begin ?

When does income start flowing into the company ?

When does all the theory become reality ?!

 

 

 

 

 

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Nov 25, 2023 12:44PM
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