So POET gets funding equal to twice the size of the last investor, meaning dilution, but the price is up in aftermarkets??? Is there some insane announcement around the corner or something this is sus and I'm holding calls.
Research the company. APLD also diluted before getting a massive deal that sent it flying. POET has partnerships everywhere and tech that will be ubiquitous in data centers. They’ll use the hundreds of millions raised to fulfill POs, that’s what I’m banking on
Actually the complete opposite…
As a Poet long and believer, I don’t like to see this. QUBT is a fraudulent company along with GRRR and NNE who they also did placements for.
The institution is most likely Aleskya.
I’ve been holding 400 $10 January 2027 calls I bought for $0.80. After selling $10 short dated calls against them I’ve already got my money back. So now I’m just letting POET do their thing. I believe they’ll go up to $20 sometime next year. Not selling for awhile