1Semana·

Massacre!

You can only call it a massacre what happened today at $POET (+14,27%) today.

Marvell has pulled the plug after the CFO of $POET (+14,27%) publicly confirmed a business relationship with Marvell, which they interpret as a breach of confidentiality agreements.

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14 Comentários

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That's how quickly a business can go down the drain. Anyone who had a short on it is now rich. 😂
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@TradingHase you were there
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@Tenbagger2024 I was in (until $9.24) and then I was annoyed that I was out. In hindsight, I'm glad again. But that's exactly the small-cap risk you have if you don't set a stop.
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@toscho The value was highly praised on YouTube in the stock market lounge. I could imagine that some people have invested as a result
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I sold my position exactly at ATH 50%! For the first time in my life, I got my timing right 😅💸
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@ahmado1310 Glückwunsch 😄
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@ahmado1310 Congratulations. Are you still up with the other 50% after the crash?
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Massacre sums it up quite well!
I've been invested in Poet since last year because I believe in its innovative strength and the photonics story. The share has even become my largest position in recent weeks. It was only at the weekend that I said to a friend that I had to take at least some of the profits. It was probably nothing. I'm still up and still believe in the story. But I will act with a sense of proportion.

Marvel was probably looking for a reason to get out after Celestial Ai was already developing products together with Poet before the takeover. This is not the end of Poet, but it is a severe setback that will set it back 1-2 years. Perhaps a good entry opportunity for risk-averse investors/traders😉
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@Investment_Inka especially since $MRVL is now thick with $NVDA, after their 2 billion investment, which is largely aimed at celestial...
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That's why POET's development has been so explosive in recent days. The best-case scenario was always that they would become part of an NVIDIA standard solution and thus quickly gain access to a huge market. There was a lot of evidence to suggest that this would be the case right up until the cancellation. That's why I didn't want to realize any profits yet, because the journey to the top would have been far from over without this cancellation.
The fact is that we lost an order that would have generated sales this year and ideally would have resulted in even larger follow-up orders. It's gone now, but there are still a few more irons in the fire. Sooner or later there will be a breakthrough here. At least that's my theory. @toscho are you invested?
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@Investment_Inka No, as I said, I was already out at $9.24. Now back on the WL, re-entry would be worth considering at $6.20.
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Well, still up for the week 😜 🟢
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Did you manage to place your short? 👀
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