ndefries
Regular
I am curious to see tomorrow how many shorts were taken out today. The report today showed I think just 40k which is a far cry from the usual 600k that was the norm. Will keep watching and hopefully this low number continues.I agree. I don’t think Optus being out had anything to do with it. The sell side was just non existent today which I put down to who ever or whatever manipulators choosing to do this. Why I have no idea. I guess they don’t trade on logic, it’s pick a stock mess with for their own gain and then move on game. Hopefully with all the work that has been happening in the background it is just a case of us being too close to breakthrough and as such, too risky to play with any more. Or as others have mentioned perhaps it was all about accumulation and now they have their fill.
As you say the volume was such that it wasn’t a matter of not being able to gain access. Plenty did, we just didn’t seem to have those recurrent walls pushing the price down as we have seen in recent times.
Let’s hope today is a sign of things to come and a start back towards a a true valuation of our technology. Just in time for the Brainchip team to smash it out of the park and really give this some legs.