@Boab Were you able to top up? I’m with Cbus and my allocation dropped below 20% for an asx200 company too so I should be right to top up. Even though BRN wasn’t removed in the September rebalance it is currently ranked about 270 so it’s not recognised so I cannot buy any more. Interested to see if Australian super does the same or if it’s a Cbus issue.
I don't know about anyone else, but I googled the address and I couldn't deduce anything from it other than the building looks like it could really benefit from smart window-cleaning drones with Akida's inside them.
In short, I'm afraid you may have over-estimated our collective intelligence Frank. Could you please throw us a few more bread crumbs or, if you're feeling really generous, just lob over the whole loaf of bread. We won't tell anyone else, we promise!
I apologise for not including WATPAC reference with their videos and their story about the buildings design and construction and the difficulties that were overcome like council approvals and materials to site . I looked at BRN settling into an obviously showcase building to be a decision that ooze’s what our company is striving to ultimately be.I personally believe it is a positive move with the direction that we are heading .I don't know about anyone else, but I googled the address and I couldn't deduce anything from it other than the building looks like it could really benefit from smart window-cleaning drones with Akida's inside them.
In short, I'm afraid you may have over-estimated our collective intelligence Frank. Could you please throw us a few more bread crumbs or, if you're feeling really generous, just lob over the whole loaf of bread. We won't tell anyone else, we promise!
I have to wait a couple of days for the transfer from cash to my trading account. Its cumbersome I know but I haven't had the balls to go to a SMSF just yet. I'm pretty sure that Aussie Super allows you to buy any share in the ASX300.
Hi @Frank Zappa
Manipulators don’t move the shareprice 25% up or down in 2 days. Many of the people in the forum and other retail shareholders whether they are honest or not have most likely sold out and the sentiment in this forum and the other forums says so plus the people that have explicitly stated this. There’s only so much you can continue saying about manipulators and shorters at one point you need to understand that’s it’s the market. Hence, why you should ensure that every decision you make to buy, sell or hold is based on 100% your own belief or a paid financial advisors. The inflation rate is going to increase, the market may continue pooping itself, no one can tell the future but unless BRN pull something significantly positive out then I don’t see the price stabilising and the drop is going to continue to happen. Do what you like with this information it is only a shitty opinion from a random on this forum.
I have been buying and not sold any.
Thanks for your opinion, Brainchip is still a very good investment for me, I will take the chance, so I choose to buy at this price..
Exactly, good mind set.
It's possible.The way things are going it feels like there will soon be more shorts than shares (not possible I know) but just remember at some stage they ALL have to buy back to cover. Now I'm looking forward to that
My sentiments Exactly ... I am not diving in and buying at the moment ... but will be! one day, three days, one week???? who knows... just observing!
I really hope your right about the sun rising tomorrow. Fingers crossed.It's possible.
Have you read the Gamestop story.
GameStop short squeeze - Wikipedia
en.wikipedia.org
Now, I'm not sure how its possible to short more than 100% because there are many different explanations on the topic, but I think it has something to do with the situation where a share can be borrowed more than once and subsequently sold short twice !
Here is something to consider though:
"A short position in stocks is created by borrowing stock and then selling it on the market. Therefore, every short position actually results in creating two long positions. The first is the long position from whom the short borrows. The second is the long position created by the person who buys the stock from the short seller. So at any given time, short positions are always outnumbered by 2 to 1."
In my own humble opinion, I consider the art of short selling as a dangerous occupation for those that partake, because subsequent squeezes can be utterly devastating for those holding a bag of shorts. A very clear example of what can happen was the left field Mercedes reveal. Have a look at the chart from Jan 4 to Jan 19, I think 71 cents to $2.34 in two weeks and the volumes were unbelievable, much higher than Fridays bloodbath. There will be another short squeeze at some point in the future as sure as the sun will rise tomorrow morning, and when it comes it'll make the January move look like a Teddy Bear's Picnic.
A mate of mine, whom I had convinced to buy at 20 cents, sold at 67 cents - I convinced him to buy back.
