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POET Technologies Inc

POET Technologies Inc (POET)

2.09
-0.03
(-1.42%)
Closed May 07 4:00PM
2.1387
0.0487
(2.33%)
After Hours: 7:19PM

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
2.1387
Bid
2.05
Ask
2.14
Volume
615,794
2.07 Day's Range 2.248
0.72 52 Week Range 5.88
Market Cap
Previous Close
2.12
Open
2.15
Last Trade
40
@
2.06
Last Trade Time
Financial Volume
$ 1,327,404
VWAP
2.1556
Average Volume (3m)
673,762
Shares Outstanding
47,996,940
Dividend Yield
-
PE Ratio
-6.80
Earnings Per Share (EPS)
-0.42
Revenue
466k
Net Profit
-20.27M

About POET Technologies Inc

POET Technologies Inc offers integration solutions based on the POET Optical Interposer, a novel platform for the seamless integration of electronic and photonic devices into a single module using advanced wafer-level manufacturing techniques and packaging methods. The company operates in a single s... POET Technologies Inc offers integration solutions based on the POET Optical Interposer, a novel platform for the seamless integration of electronic and photonic devices into a single module using advanced wafer-level manufacturing techniques and packaging methods. The company operates in a single segment of design, manufacture, and sale of semiconductor products and services for commercial applications. Its products have applications in Data Center, Telecommunications, Internet of Things & Industrial Sensing, Automotive LIDAR, and On-Board Optics. Its geographical segments are Asia, United States, and Canada. Show more

Sector
Engineering Services
Industry
Mining & Extracting Div'e
Headquarters
Toronto, Ontario, Can
Founded
1985
POET Technologies Inc is listed in the Engineering Services sector of the NASDAQ with ticker POET. The last closing price for POET Technologies was $2.12. Over the last year, POET Technologies shares have traded in a share price range of $ 0.72 to $ 5.88.

POET Technologies currently has 47,996,940 shares outstanding. The market capitalization of POET Technologies is $137.75 million. POET Technologies has a price to earnings ratio (PE ratio) of -6.80.

POET Latest News

POET Announces Closing of CAD$10 Million Non-brokered Financing with a Single Institutional Investor

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 03, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX...

POET Announces Additional Private Placement Financing for CAD$10 Million

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 29, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX...

POET Announces CAD$10 Million Non-brokered Financing

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 29, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX...

POET Augments Investor Outreach Efforts and Announces Management Role Change

TORONTO, April 17, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and...

AI & Technology Hybrid Investor Conference Agenda: Presentations Now Available for Online Viewing

NEW YORK, April 12, 2024 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the AI & Technology...

AI & Technology Hybrid Investor Conference Presented by Water Tower Research Agenda Announced for April 10 and 11

NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the AI & Technology Hybrid...

POET to Present at the AI & Technology Hybrid Investor Conference Presented by Water Tower Research on April 10

TORONTO, Canada -- April 3, 2024 -- InvestorsHub NewsWire -- POET Technologies Inc. (POET) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™...

POET to Present at the AI & Technology Hybrid Investor Conference Presented by Water Tower Research on April 10

TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (POET) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated...

POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks

  POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks   Toronto, ON, Canada and San Jose, CA -- March 27, 2024 -- InvestorsHub NewsWire...

POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks

TORONTO and SAN JOSE, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (POET) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.9213-30.10784313733.063.411.9920330892.47315212CS
40.938778.2251.23.41118188132.17597764CS
120.828763.25954198471.313.4116737622.11897707CS
260.828763.25954198471.313.410.723985541.89805901CS
52-2.0913-49.43971631214.235.880.722141392.02307858CS
156-8.8613-80.557272727311110.721152822.38454624CS
260-8.8613-80.557272727311110.721152822.38454624CS

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POET Discussion

View Posts
TG Gazzoo TG Gazzoo 1 day ago
I hope you ment Maestro, Winter Beenthere etc Not Gilver. Gilver has been a one man army battling the retards.
👍️ 2
yoojoonyoong yoojoonyoong 3 days ago
unbeliavable what they did to that sight..people are moving back to other boards like Stockhouse if you can stomack past idiot posters like that Gilver guy over there.
👍️ 1
longs longs 3 days ago
GOOD GOD AGORACOM SITE SUCKS!
👍️0
20stockman20 20stockman20 3 days ago
I agree , looking for $2.95 -$3.00
👍️0
GARYM1 GARYM1 3 days ago
Next week could be fun,fresh start to month and just went through a nice sell off
👍️ 2
Telling you there’s a chance Telling you there’s a chance 5 days ago
Wow! You seemed to turn your attitude around too according to this post I’m replying too. Another bandwagon jumper that had an epiphany.

KCCO and AWBW acknowledged their criticisms

You however posted:

“POET has yet to prove they are more than a freshman science experiment. 100g was supposed to sell, then 200g, followed by 400g. They just raised that to 800 and still no takers! Who will bid 1.6t, do I hear 3.2t ?????”

Guess what? That’s exactly where they’re going!

Are you going to own that like the others did? Or do YOU decide when it’s ok to criticize and when to give praise?

Why should loyal supporters be hurt by this drivel?
You guys try to ruin the sentiment of this company which is trying to catch a future wave in AI whether that’s light sources or data centers. Don’t tell me I’m Debbie downer, when that’s all you guys have been doing.
👍️ 6
rwk rwk 5 days ago
There has been a flurry of positive announcements out of Poet. Enough to keep the other board busy with positivity. With all the good news coming out of Poet, you choose to pick fights with allwillbewave? Wow.
👍️0
20stockman20 20stockman20 7 days ago
Loaded up at opening, looking to ride the next wave.
👍️0
allwillbewave allwillbewave 1 week ago
I left him 10% of my holdings hoping for a Hail Mary for him in trust. He is a teen.

Enjoy your scotch that’s some good stuff.

Cheers
👍️ 1
Telling you there’s a chance Telling you there’s a chance 1 week ago
Wow! Crapping all over Poet while your grandson has shares. Thx Grandpa! I’ve never heard of this in my lifetime, then again, the way this world is going, I shouldn’t be surprised.

Is he old enough to belly up to the bar you referenced with the laughing face you posted since you sold all your shares and laughed at us bag holders for the last 8 months, what a great grandpa you are.

Man, You and KCCO have lost all credibility around here and guess what…. The party hasn’t even started yet.

But you’re both all happy now? I ain’t buying one thing you guys spew, the second sip of scotch will be for you. (Macallan 18 of course)
👍️ 6 👎️ 2 💩 2 💯 3 🤡 1
allwillbewave allwillbewave 1 week ago
Yes I said all that and I hope I am proven to be wrong. I could not believe the management would allow us to almost go bankrupt.

I hope they do find some sustainable success but I would keep my eye on the foundries and their Pic plans.

My grandson is having fun with his eventual Poet shares reaching all time highs.

I was out last August on unrelated management and stock price issues.

Good luck!
👍️ 1
Telling you there’s a chance Telling you there’s a chance 1 week ago
Allwillbewrong, let’s not forget this beauty you posted not even 3 weeks ago.

They haven’t even released anything substantial but the story seems to have legs, or are they really working with Meta through Luxshare?Is something going on with Arista, is Teresa Land Ende just there for decorations?

You should hear what I’m hearing from the OFC, if that’s confirmed shortly, people will soon realize it’s true potential.

You spewed enough drivel without real facts behind it other than the share price stinks and foundries are claiming to do their own thing,

Even if that’s the case they still need light sources, on the tranceiver side, who has a roadmap they can show and provide samples at 1.6t- 3.2t at scale?

I’ve seen a plan to 6.4tbps. Now that’s leading edge!



By the way, the light sources are amazing and cost less than anything else on the market and also turned heads at the show.

So easy to kick them when they’re down. Stop looking at the paperwork and start calling the industry players.
👍️ 6 💩 1
Cuppy Cuppy 1 week ago
I guess you completely out of POET now. Enjoy your liberation!
👍️ 2
Monksdream Monksdream 1 week ago
Rose above $3 which is psychologically significant
👍️0
tedpeele tedpeele 1 week ago
Was the YouTube video a pump with legs or just a pump to get the price up? Haven't seen it.
👎️ 2 💩 2 🚽 1 🤡 1 🧻 1
KCCO7913 KCCO7913 1 week ago
What’s your go-to nice scotch?

I hope you’re smart enough to understand that YouTube video saved the day here. Unless you’re an insider at the company, that came out of left field.

Again…I am happy this all happened. I’ll gladly wear that clown suit.

Cheers
👍️0
Telling you there’s a chance Telling you there’s a chance 1 week ago
Read this beauty you put out not even a month ago.

You say you’re all happy now, even stating you’ve been trading this titanic of a stock. Who’s going to believe you?

When they announce the follow up from OFC interest, all it takes is one company to sign on, which they're telegraphing that interest to us in the documentation of the private placements… then I’ll be drinking some real nice scotch remembering how in the end, KCCO, you were the real clown the whole time.
👍️ 5 💩 1
KCCO7913 KCCO7913 1 week ago
Haha oh I’m so so sorry that I’m happy they avoided insolvency by a matter of weeks (two times in 6 months).

I stand by every single thing I’ve said about this company. Sure plenty of those statements came with negative connotations and yes many of them were fueled with emotions from losing a lot of money. But those statements came from valid observations of this company and industry.

Or maybe I’m just happy because I recouped nearly all my previous losses by trading this recently. And my previous average was around $4-5.

Anyway, POET finally did something right and now they will survive.

GFY. ;)
💩 1
Telling you there’s a chance Telling you there’s a chance 1 week ago
Well done Poet!

Really KCCO?

You’ve been bashing the hell outta this for months and stabbing the company in the back every chance you get…..now people are lined up to give them millions and all of a sudden, now you come around?

Too late, if they go down, I’ll be the idiot, but if they succeed, you will remembered as the clown who tried to put them out of their misery posting on every board know to man that they had no cash and they were imminently going out of business.

Thx for fuelling all the negative dissent. Now you come around all rosy, take a hike!
👍️ 7 💩 1
Monksdream Monksdream 1 week ago
Good strategy when it comes trading nano cap stonks
👍️0
20stockman20 20stockman20 1 week ago
That’s why I buy the dip and sell the rip.
👍️0
Monksdream Monksdream 1 week ago
That is also part of the game
👍️0
20stockman20 20stockman20 1 week ago
Until it isn't
👍️0
Monksdream Monksdream 1 week ago
The trend is your friend
👍️0
Monksdream Monksdream 1 week ago
Capital raise, which, if you know how the game is played, also means dilution
👍️0
20stockman20 20stockman20 1 week ago
This still sounds like pump and dump to me. I may be wrong. \, however the is why I and doing what I am doing.
👍️0
KCCO7913 KCCO7913 1 week ago
Per Agora there was a filing today…no link yet…but said as of 4/26 they had $8 million USD in working capital. Without ATM usage I was estimating about $1 million in working capital right about now. So it looks like they did indeed take advantage of the ATM the last 10 days or so and raised ~$7 million.

Add this weeks private placement of about $7.2 million USD and they estimate $15.24 million on hand.

Burn rate hovers between $1-1.4 million per month so there’s a year of cash on hand now.

Well done, POET. Phew.

Best $100,000 spent on marketing if that new company is who put together the YouTuber video. Wow what a Hail Mary.
👍️ 3
Xrouter Xrouter 1 week ago
Not me I’m all out at a little over $3. Hopefully we see it this week but I doubt it very very much. Good luck. Traders are gone and praying to exit at my average
👍️0
20stockman20 20stockman20 1 week ago
I aree, looking to sell the rip.
👍️0
KCCO7913 KCCO7913 1 week ago
It would be a major relief if they raise this whole PP AND several million via the ATM.

If they get $15 million USD in their pockets…no need to think/worry about money until the end of the year. And hopefully by then the commercialization path has become even more clear and some positive surprises in between.
👍️0
Xrouter Xrouter 1 week ago
As long as they can push this over $3 US a share. Then it’s Adios Amigos.
👍️0
mackwheaton mackwheaton 1 week ago
I’m guessing that offering has already closed, with a 25% and growing profit in hand.

And no hold period. What a deal!
👍️0
Xrouter Xrouter 1 week ago
And I thought that TRUMP had all these problems under control. Thanks a lot, Brandon!!!!
👍️ 1
Xrouter Xrouter 1 week ago
We could be making history, boys and girls. This could be POETs first time in its history that the price goes up on news!!!!
👍️0
20stockman20 20stockman20 1 week ago
You are right ,my friend things have changed. We have a government that isomer interested in pushing an agenda . example , open borders, shutting down or oil production, pushing EVs, raising interest rates etc. In these time some od the old rules will not work.
👍️0
KCCO7913 KCCO7913 1 week ago
Private placement announced. $10 million CDN or about $7.2 million USD.

Now I’m really wondering if they used the ATM last week. I think shares outstanding number gets updated somewhat frequently so we’ll know soon.
👍️0
Monksdream Monksdream 1 week ago
Next day settlement begins May 28 per SEC mandate
👍️0
Xrouter Xrouter 1 week ago
I will wager we go down for here. This ain’t the olden days of trading when you could make a nice $$ trading. These days traders are in and out so fast that they are satisfied with hamburger money. That’s what ruined the trading rules of old and destroyed the business for a Macdonalds meal.
👍️0
Monksdream Monksdream 1 week ago
Well, maybe. I assume you aren’t familiar with this character I call Joe from Nanalyze
What he often does in his vids is explain how the game is played with low-priced stocks
He is also very funny
Sometimes a trader will make a simple statement: trade ‘em, don’t marry them
We will know what happens about two nanoseconds after 4am tomorrow morning
👍️0
Xrouter Xrouter 1 week ago
Now we’ll witness the downfall
👍️0
Monksdream Monksdream 1 week ago
Joe at Nanalyze produced a vid since so many of his fans asked about POET

👍️0
Xrouter Xrouter 1 week ago
I’m not too much into charts. But Glenn’s charting appears to be a negative week on its way.
👍️0
20stockman20 20stockman20 1 week ago
My game plan
Buy the dip
sell the rip accumulate shares on the way to $5.00 per
👍️0
Hbsailor Hbsailor 1 week ago
From April 10th 2023...
"In a Zacks research report published on April 10, an analyst said POET’s relationship with Celestial AI “could represent $800 million in potential revenues by itself. We believe most if not everything Celestial is planning to sell contains POET.”
👍️ 4
Monksdream Monksdream 1 week ago
10 day bar/volume at hourly intervals
I would still go long
👍️0
glenn1919 glenn1919 2 weeks ago
POET......................................https://stockcharts.com/h-sc/ui?s=POET&p=W&b=5&g=0&id=p86431144783
👍️0
KCCO7913 KCCO7913 2 weeks ago
Enjoy Mack!

You are drastically underestimating the power that traders can have. This wasn’t just a blog. That YouTube channel has ~350,000 followers. If 1,000 of them have $10,000 to trade with that’s $10 million of fresh money smacking around a stock that was unnoticed with tiny volume just a week ago. Understand these types will go in and out multiple times per day. And some of these traders are clearly playing with bigger money than $10k. Hell, I’m not a trader but I got my toes wet this week and recouped a nice chunk of my previous losses. Overall…still in the red just a bit. Easy, easy money made this week and I’m a dummy.

We’re not seeing huge dark pool trades recorded so this isn’t institutional accumulation.

This isn’t industry/partner accumulation because nothing has really changed in the last couple months and a potential industry investor has already had opportunity to participate in financings if they wanted to.

IMO this is pure retail trading.

And that is OK as long as the company is raising ~$10 million via the ATM throughout all this.

Whoever orchestrated this whole thing deserves some recognition. Proves to me that in desperate times, someone at POET is willing to get into the mud and get nasty. I like that.

Now…I hope the momentum continues. Best case scenario is the traders bring this to $7-9ish per share. Hover around there for a few weeks and you’ll start to get forced buying by the indexes. THEN things can get weird as you saw with LWLG during 2021/2022.
👍️ 3
mackwheaton mackwheaton 2 weeks ago
This didn’t follow the normal 2 days of exhilaration, followed by profit taking back down the hill. You could argue that yesterday was a day of healthy consolidation, market caught its breath, and closed with it up another 25% today, this weekend there are going to be a lot of eyes looking at what happened this and wondering what’s it’s about. We could see a resumption next week with new money coming in (at least early in the week) with volume.

Volume was down a bit today, it also would have been a day to take the week’s profits. Yet up we went again. This whole week felt more like accumulation than a day traders’ battle, pullback were orderly and short in duration.

Agreed KCCO that anything short of several million tucked away courtesy of the ATM would be inexcusable at this point.

With no news to sustain/support this, I do expect to see the requisite hit piece published somewhere by a short player who thinks they can take advantage of the huge run up and lower volume/interest to drive a sharp decline. It almost always happens, and it may be great time to add some shares because a rebound will come. There is just too much steady buying interest to believe that it is one off run based on one positive blog. And if there is significant cash added to the coffers, that is a huge weight off of the share price.

Enjoy the weekend.
👍️ 3
Xrouter Xrouter 2 weeks ago
Looks to me that what is about to happen if Poet’s management plays their cards right is FOMO. I’ve seen it more than once and have participated in it a very few times makin $$$$. I think it happened with LWLG ( which I used to trade under a buck years ago). I think Poet is about to see it soon, just got to have good timing. The Market makes 0 sense so we can see anywhere between $5 and $20 plus on the FOMO, and then we’ll settle. Just my thought, but seeing it first hand before, I definitely think we will see it with POET, unless management drops the ball
👍️0
Monksdream Monksdream 2 weeks ago
POET in the Baechart 100

👍️0

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