BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
Yeah good call, and what about us all winding each other up with imaginary share prices. 10 x Microsoft? We’re still allowed to live. Are you posting from
?
DingoBorat
Slim
Yes, they can sell when they want, but once sold, that's it.
They can borrow more and sell again, for more effect, but unless their actions create "real" selling volume, by "unsophisticated retail scum" (that's us
). Then they are in trouble.
There were around 900k of shorts taken out yesterday, which it "looks" like were used on open and around the middle of the day, with little effect.
It doesn't "look" like they have a "war chest" of unsold shorts, but you can be sure, that more were taken out today and will be used tomorrow.
The thing is, that other shorters are trampling over each other, to get these at the moment.
There are also different levels of shorters.
The ones trapped below 90 cents, aren't the smarter ones..
No Mws i am incredibly lucky to have been born and live in this amazing country called Australia. Its OK to allow people to get excited about what they think their future might hold even if you don't agree with them. Sometimes dreams are all people have.Yeah good call, and what about us all winding each other up with imaginary share prices. 10 x Microsoft? We’re still allowed to live. Are you posting from
I was being facetious. This is a anonymous forum after all. Just a bit of winding down or up lol,after a hard days work. Brainchip’s s/p where it’s at now is a dream realised now (if I sold now) for my family. All the best Bossman
Shorters "notionally" borrow N shares at the then current price of $X per share, for which they pay a smallish fee or percentage on top (up front?).
The shorters now owe the lender N shares.
They have to return the N shares to the lender at some indefinite time, or the lender can ask them to return the shares if the bet looks like losing.
The shorters thus have an inverted risk/reward position in which they win if the shares go down and they lose if the shares go up.
To return the shares, they have to buy N shares at the new market price ($Y) to be able to return them.
If Y < X, then they make $N*(X - Y) profit.
If Y > X, then they make $N*(Y - X) loss.
The only way the lender can lose is if the shorter goes broke (as well as if the shares then go down after the shorter returns them).
All this is considered legal, although how it advances the primary object of the share market to provide investment in productive companies is, shall we say, obscure.
The shorter can attempt to illegally manipulate the share price by drip feeding small numbers of shares onto the market at prices marginally below the share price at any time, eg, by using bots.
ASX motto: You scratch my back, I'll pick your pocket.
DingoBorat
Slim
Shorters are a part of the market and can keep share prices of companies, from getting over inflated unnecessarily.
Like on good news or results, while not having strong fundamentals, like income or revenue.
The thing with Brainchip is, we have very little revenue, for our share price and market capitalisation.
This is based on what we are doing, where we are going, our potential future market share and the strength of our Intellectual Property.
Market Analysts in Australia, are geared towards mining companies.
They understand "gold in the ground" as a way of valuing a company, but not the potential billions of issuances of IP royalties.
Just as gold in the ground, isn't certain until you actually dig it out, the IP royalties aren't certain, until they've arrived.
(except IP royalties, are like gold that magically moves from the ground to the vault, there is no "cost" in extracting them).
And yet mining companies and technology companies are valued very differently in Australia.
Most people in the investment World, still don't know what a neuromorphic chip is, or what we have here, in being first to market with Neuromorphic Chip technology, as IP, at a time when almost every company in the World, is chasing the "Holy Grail" of what we have.
The shorters below 90 cents, will most likely burn.
But there will always be shorters on BRN, even when we are hugely successful, taking advantage of any decent rise in prices.
The difference here, now, is that this rise has been largely caused by the shorters.
And probably a bit of Smart Money, playing the game on the up.
It really is a bit of a twisted web, don't think about it too much, I don't.
The ASX needs to realise, that Brainchip, is a Global Company!
Last edited:
Getting their arse handed to them atm. Bloody tipped them to
Sirod69
bavarian girl ;-)
Yak52, you are right. I am new for posting, but I am not downramper, I am always here and holding firmly of my BRN.HMM VERY QUICK putting up that Jpeg of that $1.13 SELL of 33,000 share matey. It just hit and you have a screenshot. ?
Sure it was not "waiting" ready for the order to hit?
Now I am a suspicious person of new accounts doing "stuff" here and you ONLY have 13 posts.
I will leave it to everyone to make their "own" conclusions about the post and what happened. I am seeing a red flag.
Sorry if wrong. NOT sorry if right.
Rocket - it NOTHING yet again. Someone has "thrown " out a disturbance or a "Brake" to slow down the SP.
Yak52
I am just feeling something happening behind what we can see.
These two transactions one is yesterday .990 (happened just between 1.275 and 1.13) , one is today 1.13, however maybe just accidentally shows on our screen.
Hopefully is not a bad thing.
alwaysgreen
Top 20
Until revenue flows, we are going to continue to experience huge fluctuations in our share price. If I knew that after $2.30 the share price would have dropped to 86 cents, I would have sold my entire holdings, paid my tax and bought back in the same amount with a decent chunk of cash in my pocket.Shorters are a part of the market and can keep share prices of companies, from getting over inflated unnecessarily.
Like on good news or results, while not having strong fundamentals, like income or revenue.
The thing with Brainchip is, we have very little revenue, for our share price and market capitalisation.
This is based on what we are doing, where we are going, our potential future market share and the strength of our Intellectual Property.
Market Analysts in Australia, are geared towards mining companies.
They understand "gold in the ground" as a way of valuing a company, but not the potential billions of issuances of IP royalties.
Just as gold in the ground, isn't certain until you actually dig it out, the IP royalties aren't certain, until they've arrived.
(except IP royalties, are like gold that magically moves from the ground to the vault, there is no "cost" in extracting them).
And yet mining companies and technology companies are valued very differently in Australia.
Most people in the investment World, still don't know what a neuromorphic chip is, or what we have here, in being first to market with Neuromorphic Chip technology, as IP, at a time when almost every company in the World, is chasing the "Holy Grail" of what we have.
The shorters below 90 cents, will most likely burn.
But there will always be shorters on BRN, even when we are hugely successful, taking advantage of any decent rise in prices.
The difference here, now, is that this rise has been largely caused by the shorters.
And probably a bit of Smart Money, playing the game on the up.
It really is a bit of a twisted web, don't think about it too much, I don't.
The ASX needs to realise, that Brainchip, is a Global Company!
Problem is, it is so hard to time the top and bottom. Even in the last run in January, there were 9 green days out of 12. Any of the 3 red days could have signalled that the top was in but it kept going and selling out with more to run up is tough to watch. Are we at the top of this run? Who knows but all I know is I'll probably continue to go through this cycle of euphoria when the price runs up and lament that I didn't sell when the price drops. As long as we continue to have higher highs and higher lows, I'm happy.
The only way to stop the manipulation is revenue. There are not many $2 billion companies that have zero revenue and that will always attract the naysayers and the shorters. Bring on an absolute shit tonne of revenue I say. C'mon Seany baby!
Cheers Bossman, good health and fortune
Bravo
If ARM was an arm, BRN would be its biceps💪!
What sort of bad thing are we talking about? Just so I'm clear I know what we're talking about.
Last edited:
Ahboy
Regular
Just thinking out loud and not financial advice.
I assume one can protect an investment during times of volatility without selling any long term shares by shorting the same company in a separate trading account.
When this is done correctly, any movement in price (up or down) will not affect your portfolio apart from the fees you are charged for the loan of the shares.
However, upon closing the shorts, you will need to pay tax on the gains if the shares go down.
Likewise, if the price goes up, you can use the loss due from the shorts as a deduction.
I assume one can protect an investment during times of volatility without selling any long term shares by shorting the same company in a separate trading account.
When this is done correctly, any movement in price (up or down) will not affect your portfolio apart from the fees you are charged for the loan of the shares.
However, upon closing the shorts, you will need to pay tax on the gains if the shares go down.
Likewise, if the price goes up, you can use the loss due from the shorts as a deduction.
Fullmoonfever
Top 20
Prev chart posts below.
Updated & removed some old notes & added couple for today plus another hopefully simpler / cleaner daily chart.
thestockexchange.com.au
thestockexchange.com.au
Updated & removed some old notes & added couple for today plus another hopefully simpler / cleaner daily chart.
BRN Discussion Ongoing
Again, there is nothing sinister going on here…its most likely a whole bunch of managed and super funds taking stakes since entering asx200.. Nb. I’m a director at a big4 and work closely with leading funds tax practice that deals a lot with these custodians Thanks again for your calm...
thestockexchange.com.au
BRN Discussion Ongoing
Yeah only one I saw. They still could for all intents and purposes, still have Akida in the background parallel for I know and hedging their bets. In the scheme of things was only a short 6 mth project and yes we still got others going. Exactly... its not all bad. We have been validated...
thestockexchange.com.au
Similar threads
