Professional
Added to YB: 2026-04-16
Pitch date: 2026-04-14
POET [bearish]
POET Technologies Inc.
-1.23%
current return
Author Info
Company Info
POET Technologies Inc., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products and services for commercial applications in the United States, Canada, Singapore, and China.
Market Cap
$1.0B
Pitch Price
$6.88
Price Target
N/A
Dividend
N/A
EV/EBITDA
-18.53
P/E
-9.87
EV/Sales
668.33
Sector
Semiconductors and Semiconductor Equipment
Category
N/A
Wolfpack Is Short POET - We Believe POET Is A Obvious Stock Promote, Has Created An IRS Nightmare: US Holders Have Until April 15th To Act
POET (short): Classic stock promote on 7th pivot, raised $538M since 2020 but only $2.3M rev (-5,858% net margin). Share count +303% in 3yrs. Created IRS nightmare for US holders: qualifies as PFIC (80.9% passive income, 95% assets are cash), forcing ordinary income tax on realized/unrealized gains + punitive compounding interest if forms not filed by Apr 15. Paid LFG/Hybrid for YouTube promotion; similar clients down median 92% from peak. Latest AI pivot failing: SPX JV liquidated 3mo after $10.3M buyout, no hyperscaler deals despite claims. MMCAP dumped 5.8M shares day after $75M raise at $5.50 into retail at $7-$9.41. History of missed commercialization targets.
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