The Problem with Poet Technologies
POET stock has been seeing a lot of hype lately, despite the fact that the company is tiny and has virtually no revenues. So, why are we covering it? Well, besides being requested by our paying subscribers, it's also quite a popular stock, trending on social media sites like StockTwits. Stocks like this tend to attract a lot of newbie investors, so we feel called to point out some of the red flags we typically see in stocks like this. To put it simply, Poet is an obvious avoid. The pipeline of customers they touted has gone nowhere, probably because anyone can make an "illustrative pipeline"…
The skinny
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