Hi Tfm,No more than 1 hour after posting this, my wife had a bit of a breakdown. She has been doing really well, but today got to her. Can someone give me a pep talk now?![]()
She just feels as though we must have missed something to cause it going from $2 - 18c
I tried the best I could to reassure her, but it is friggin hard to see you life savings under attack including 70% of life’s super.
What are people actual thoughts on why we are free falling? Let’s have a moment of real talk. I can’t think of one logical reason other than manipulation and uneducated retail freaking out.. in fact I only see positive after positive, but if anyone can think of 1 good reason to why we are free falling let me know. I need to know
I don't know how many short shares are outstanding, or how much ammunition the shorters have, but I guess the shorters are a lot more savvy than we are. They would have known BRN was to be dropped from ASX 200 and loaded up. I don't think I'm saying anything that we all didn't know, but the sell off by the instos with ASX 200 obligations compounded by downward pressure from the shorters/manipulators, has driven us well into the oversold region. I certainly never thought we could drop below $1.
But none of this has anything to do with the technical capabilities or market potential of Akida which, with Akida 2, has given us half a decade's lead on any competition. In particular TeNNs has really excited the NDAs/EAPs. Everyone (well the few who are capable) is(are) doing ViT, but no one is doing TeNNs, except BRN.
As we've just seem Qualcomm is trumpeting its Hexagon software driven AI quasi-edge GPT. Basically Qualcomm think NNs are software to run on CPUs /GPUs.
Recall the EAP comments on Akida 2 (I can't bloody find it now! Maybe it's been hidden so as not to distract from the launch).
https://brainchip.com/akida-generations/ - general availability Q3 2023, so, if it's not this week, the announcement is imminent.
Akida 1 was miles ahead of the competition. Akida 2 doubles the lead. A lot of EAPs had Akida 1 at various stages of testing. They wouldn't have continued testing if it was a dud. But then they put Akida 1 on the back burner when they heard about (or tested the software simulation of) Akida 2.
The rapidly evolving technology, and the consequent changes necessitated thereby has delayed BRN's success, as did the change to IP only. VVDN will belatedly partially rectify the IP delay. The bypassing of LSTM and the surpassing of transformers by TeNNs (patent pending) has assured Akida's technological leadership. BRN's leading edge technology and its agility in adapting to massive change in the last 5 years, as well as peer recognition will go a long way to assuring success.
Of course there are no certainties, but we are in prime position to ride the wave(s) of the coincidence of ADAS, lidar, event cameras, medical applications, AI generally, ... the list is endless.
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