I jumped out of POET, marginally profitable, and refused to buy back in out of fear of catching a falling knife. But know I'm seeing an ETF specific to POET, doubling exposure????
Either this is straight up their entire business - manipulation - or I've seriously miscalculated and they've actually got a genius product.
Regardless, I am totally lost. Help me regain my regardedness.
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"Defiance ETFs today announced the launch of the[ **Defiance Daily Target 2X Long POET ETF (POEL)**](https://www.globenewswire.com/Tracker?data=xNXGKtjveTM4z8x_mjHRVCJUsVz6lRlB6TyLkmoKnawizGW9P5ns43l1XFh2bt86fLpO0H7EvXbj9SwBYqYlw4EmpUDsFcQnmahY8yW-vutzuMwYL1Vg-JJFiss3huwVhnm9kILCBW8xu9f9wU7eZg==), expanding its lineup of single-stock leveraged ETFs designed for active traders seeking amplified exposure to innovative growth companies. POEL is designed for traders seeking magnified, short-term bullish exposure to POET Technologies Inc. (NASDAQ: POET), a design and development company offering photonic integrated packaging solutions for the semiconductor and data communications markets.
By seeking to deliver 200% of the daily percentage change in the share price of POET Technologies Inc., the Fund allows investors to express tactical upside views on POET within the accessibility and transparency of an exchange-traded fund."
\- [https://ca.finance.yahoo.com/news/defiance-launches-poel-first-daily-131500632.html](https://ca.finance.yahoo.com/news/defiance-launches-poel-first-daily-131500632.html)