To The Moon

$POET Technologies Inc(POET)$   stock crashed over 40% today — after already getting cut in half from last week’s peak.

This is the kind of market whiplash that leaves retail stunned:

🚀 Why it pumped (hard)

Around April 22, CFO Thomas Mika went public saying:

They had secured a purchase order tied to Marvell Technology (via Celestial AI)

Product: 800G optical engines for AI data centers

Shipments expected in Q3

Deal size already above $5M

Add in potential deals with Foxconn and Luxshare Precision Industry

Plus the hottest theme in markets right now: AI + photonics

👉 Result:

Stock doubled in a week, hit an 11-year high, volume went insane.

💥 Why it crashed (even harder)

Today, the company dropped a bomb:

All prior orders from Celestial AI are CANCELLED

Why?

The CFO allegedly disclosed order details publicly

That may have violated NDA terms

$Marvell Technology(MRVL)$   pulled the plug

👉 Market reaction:

Opened above $15

Instantly collapsed to $8–9 range

Down ~46% intraday

Billions in market cap wiped out

📉 What now?

Company says other orders are still in progress

AI optical business is not dead

But credibility? Severely damaged

This wasn’t just volatility.

This was:

“Order confirmed → hype explodes → order cancelled → trust destroyed”

⚠️ The real takeaway

In the AI gold rush, narrative moves faster than fundamentals.

But one slip — especially around confidential deals —

can erase billions overnight.

This isn’t just a stock drop. It’s a case study in how hype, disclosure, and trust collide.

@MillionaireTiger  @TigerStars  @TigerObserver  @TigerPM  @Daily_Discussion