supersonic001
Regular
University of Oklahoma Joins the BrainChip University AI Accelerator Program | BrainChip
University of Oklahoma Joins the BrainChip University AI Accelerator Program https://lnkd.in/gvTX9jDT
3200 shares of BCHPY is an astronomical amount. Typically 0-300 shares trade each day, being equivalent to 40 shares of those offered on the ASX. Someone in the US market is taking a liking to Brainchip.Good Morning Chippers,
Markets looking Bullish today.
Dow +1.28%
Nas +1.55%
Sox +1.55%
Vix. -12.76%
BCHPY , $11.51 USD, +0.17% on volume of 3220 shares , volume at 1,843% above daily average.
* Still absolutely NOTHING VOLUME
transacting , though on volume chart looks positive. With any luck start of a reversal with solid upside.
USA, lifting of US debt ceiling passes House , ( 314 for / 117 against ) now onto the Senate for final clearance.
Also, should see above volume for Brainchip stock on our market today, ASX 200 rebalance, all shall be revealed after 5:00 pm.
.
Looking good.
Regards,
Esq.
Yeah, second biggest amount in one day since the Mercedes announcement back in Jan 22.3200 shares of BCHPY is an astronomical amount. Typically 0-300 shares trade each day, being equivalent to 40 shares of those offered on the ASX. Someone in the US market is taking a liking to Brainchip.
Caveat: Unless those were all sales. At the price stated they may have. In any event extraordinary volume.
$11.51 US = AUD17.50 divided by 40 = .4376c (Lets say 44c)3200 shares of BCHPY is an astronomical amount. Typically 0-300 shares trade each day, being equivalent to 40 shares of those offered on the ASX. Someone in the US market is taking a liking to Brainchip.
Caveat: Unless those were all sales. At the price stated they may have. In any event extraordinary volume.
Morning Cyw,Beware, shorters!
Short sellers losing big in bets against chipmakers
Traders betting against semiconductor stocks are taking a beating this year, as increased interest in artificial intelligence fuelled a blistering rally in some sector names.
Paper losses for semiconductor short sellers have topped $US18 billion ($27 billion) in 2023, according to data from S3 Partners. Put another way, traders betting against semis have lost 92 cents on every dollar they’ve put into short positions this year.
It’s no surprise, as the Philadelphia Stock Exchange Semiconductor Index is up 39 per cent so far this year, closing at its highest since March 2022 on Tuesday.
Nvidia has been the largest source of pain for those betting against the chipmakers, with mark-to-market losses of $US8.6 billion ($13.1 billion) this year amid the stock’s 170 per cent surge. The rally also prompted the secto’s biggest short-covering (when traders exit their contrarian positions by buying the stock back) in the last 30 days.
Short sellers have also covered large positions in Texas Instruments, ON Semiconductor and Microchip Technology.
“These stocks have been bucking broncos on the upside, so it can be intimidating to try to short them, betting on a reversal,” said Alec Young, chief investment strategist at quant-research firm Mapsignals.
That said, short sellers are far from being discouraged. In the last 30 days, traders have added nearly $US1.4 billion in bets against the sector, with the largest increases in short selling in Advanced Micro Devices, Intel, Marvell Technology and Lattice Semiconductor.
Those buggers are just not letting us goMorning Cyw,
love it, could not happen to nicer people.
Regards,
Esq,
Sooner or later there will come an announcement or other news that will lend us such impetus that they will have no option but to jump on board. ala the MB news we all remember so fondly from January '22.Those buggers are just not letting us go!! They keep loading up the sell side and dropping the SP again
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Absolutely agree Hoppy ... 'Just one power announcement'Sooner or later there will come an announcement or other news that will lend us such impetus that they will have no option but to jump on board. ala the MB news we all remember so fondly from January '22.
The more they have invested in pushing us down at the time, the greater the reverse thrust they will have to apply to try and salvage their position.
This time, I'm ready.
Bring it, Brainchip.![]()