Citrini's Jukan says POET Technologies (POET) is "honestly ridiculous."
Full post:
- "I don’t have any position in $ POET, and I never have, but this company is honestly ridiculous. They had already been notified by Marvell on the 23rd that the contract was being terminated, yet they sat on it until today? What about the shareholders who bought in while the stock was rising in the meantime? You deserve to be sued by your shareholders."
Context
This statement by Jukan about POET Technologies reflects serious shareholder concerns regarding transparency and corporate governance. Given the mention of a contract termination that was not disclosed until now, it raises potential risks for the company, including legal repercussions and possible damage to investor confidence. Watch for potential volatility in POET's stock as this sentiment may influence market reactions and investor sentiment going forward.
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