Many possible reasons, here are a few!What is going on. Why is this sudden drop.
Done, just grabbed more at .63Many possible reasons, here are a few!
1. The sellers must have margin call and need cash fast.
2. The buyers are willing to soak up all the shorters without pushing the price up.
3. Low volume + big movements = most likely rebound.
4. It's an early Christmas present for the true believers to top up.
Interest rate rise and US market is down also doesn’t helpIm guessing the shorters are at it again. Oh well just means I can buy more for a cheaper price
It helps if you’re still accumulatingInterest rate rise and US market is down also doesn’t help![]()
Oh well just means I can buy more for a cheaper price
Hi Macca,Another interesting dot to dot.
Further to the job add for IMEC
I think this is significant. Also didn't RobT talk about a telecommunications company (Nippon Telegraph and Telephone Corp.)
"A newly founded Japanese semiconductor company aiming to revive Japan's chip industry signed an agreement on Tuesday to collaborate with a Belgian research organization in developing next-generation chips for production in Japan." (aka IMEC)
"Economy and Industry Minister Yasutoshi Nishimura told reporters that the new company, Rapidus, which was launched last month by eight Japanese corporate giants including automakers, electronics and chip manufacturers, is teaming up with Imec, a Leuven, Belgium-based research organization known for nanoelectronics and digital technologies key to developing next-generation chips."
"Its members include automaker Toyota Motor Corp., electronics makers Sony Group Corp. and NEC Corp., SoftBank Corp., Nippon Telegraph and Telephone Corp. and computer memory maker Kioxia."
"Rapidus plans to send engineers to Imec and forge ties with other research labs and companies outside Japan."
2022-12-japan-belgium-cooperate-chip-production.html
Podcast out
Hi Pmel,What is going on. Why is this sudden drop.
How can a product that has been linked to some of the biggest names continuing going south, ,good luck to the CEO nxt agm if the shareprice is doing nothingWhat is going on. Why is this sudden drop.
Thanks Dio.Hi Macca,
It is significant, but it is not Akida.
IMEC is analog NNs.
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Lucky you, I have to wait till Tuesday!I personally just took advantage of this.![]()
same hereI personally just took advantage of this.![]()