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POET Technologies Inc (NASDAQ:POET) shares jumped over 21% on Tuesday, reaching a new 52-week high of $11.09. This rally follows a recovery from a recent short-seller report by Wolfpack Research.
CFO Slams Short Sellers, Addresses ‘Tax Nightmare’ Claims
POET CFO Thomas Mika called short sellers “maggots” during a discussion with Stocktwits. He accused the firm of timing its report to create anxiety before Tax Day.
Wolfpack alleged POET’s status as a Passive Foreign Investment Company would create a “tax nightmare.” Mika told Stocktwits …
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