Wow that's scathing of BRN and without the benefit of the research here it would create some serious doubts in my mind - particularly while wallowing in a sea of red. No wonder the average punter is running for the exits.I want to keep these ramblings for the next 2-3 years and resend them to MF. I used to get upset by them and worry. Now I just smile and consider the repetitive nature of the comments and go about my day.
5 reasons I would avoid BrainChip shares at all costs
Here's why I think ASX semiconductor company Brainchip Holdings Ltd (ASX: BRN) shares should be avoided by investors at all costs.www.fool.com.au
It's funny tho isn't it - the peanut reporting gleefully uses the highest ever price compared to today's price as an example if how much money you would have lost if you bought into BRN..... at the highest price. But he then says he's been following BRN for years. Does this not then mean he's actually missed out on a huge 10X or better return had he bought way back then. Had he told his subscribers to purchase at 5c I'm sure they'd all be pretty damn happy. The Motley F'wits convolute the dialogue to suit their own purposes. I'm sick of hearing them say we don't stand a chance because the behemoth companies spend more on R&D. They site lack of news is directly related to lack of progress without a single mention of NDA's - this is poor and manipulative information. Unfortunately, despite all of the holes, the MF's theory will hold water, albeit dirty, until revenue outpaces expenses. We need that revenue to shut these people up.