POET -30% premarket after Marvell cancels Celestial AI purchase orders over alleged confidentiality breach

callsonreddit · 2026-04-27T13:06:23+00:00

=== SUMMARY === - The post reports that POET Technologies dropped ~30% premarket after Marvell (via Celestial AI) canceled all purchase orders, citing a confidentiality breach by POET. - The author simply shares the news link with a brief quote from the press release; there is no explicit thesis or trade recommendation. - This is noise/news dissemination, not well-researched DD; it’s a factual alert with no analysis. === SENTIMENT === BEARISH === TRADE IDEAS === POET - SHORT | confidence: 0.60 | sentiment: -0.70 Speaker: u/callsonreddit Thesis: 1. THE FACT: Marvell canceled all Celestial AI purchase orders due to POET’s alleged confidentiality breach, causing a 30% premarket decline. 2. THE BRIDGE: Loss of a major customer and reputational damage likely leads to further selling pressure and a revaluation of the company’s revenue pipeline. 3. THE VERDICT: The negative catalyst is severe and public, making a short-term short attractive despite the gap down. 4. RISKS: The stock may have already priced in the drop; potential buy-the-dip retails or a subsequent positive update from other customers could cause a short squeeze. Timeframe: short-term Key Points: - Major customer cancellation over legal breach - Reputational and operational hit to POET - Only $5M other order remains disclosed - High risk of further downside or volatility - No explicit long thesis in the post === COMMENTS SUMMARY === Top comments are overwhelmingly bearish, with users labeling POET a “ponzi scheme” and lamenting large losses. One comment highlights Cramer’s prior warning to take profits, and another notes the legal/reputational hole. The community sentiment reinforces the negative outlook.

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Summary

The post reports that POET Technologies dropped ~30% premarket after Marvell (via Celestial AI) canceled all purchase orders, citing a confidentiality breach by POET.
The author simply shares the news link with a brief quote from the press release; there is no explicit thesis or trade recommendation.
This is noise/news dissemination, not well-researched DD; it’s a factual alert with no analysis.

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u/callsonreddit Reddit r/wallstreetbets

Marvell canceled all Celestial AI purchase orders due to POET’s alleged confidentiality breach, causing a 30% premarket decline. Loss of a major customer and reputational damage likely leads to further selling pressure and a revaluation of the company’s revenue pipeline. The negative catalyst is severe and public, making a short-term short attractive despite the gap down. The stock may have already priced in the drop; potential buy-the-dip retails or a subsequent positive update from other customers could cause a short squeeze.

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