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Of course none of this has the slightest interest to the owner of a well funded business with a growing ecosystem and secure product engagements with major customers because owners of businesses know that economic conditions wax and wane and by running a tight ship all conditions will be encountered and weathered.I think contributions and narratives from FF on communicating the Edge AI ecosystem with the BRN focus is fine and exciting.. I always marry it up with other things to have a balanced view..
On Mercedes, what’s probably on all your lips and be interesting to know is with the Level 3 Automation, is where and when BRNs IP inflection has commenced?
I’d assume that Mercedes first mover status will deny us this knowledge until after the revenue fact..
However IMO from a market valuation shareprice point of view BRN is at an inflection now.. I think that 70c+ level is important to hold over the next week and a push above 90c over the coming month is pivotal.. But as always watching the 20EMA on the daily timeframe is as good a guide as you’ll get for the prevailing trend..
Semiconductors are also showing signs of life again, and the market indices are at their crossroads where we need to start seeing some higher highs to confirm a change in trend.
Late in the week, the strong US jobs data initially caused fear of further hikes was negated a day later with with weak Economic non-Manufacturing data. So with CPI numbers due this week in the US, the outcome will be pivotal to the market direction.
US rates, the dollar, and precious metals are pointing to the fact that CPI will be slowing and thus the market would push higher.
BRN the most fascinating, exciting, yet frustrating stock.. @Steve10 some great Macro indicators there as well.. US Homebuilders showing signs of strength since October also.. Good sign there for markets also..
TSEx general discussion thread is for BRNASX business owners or in more familiar language it is an investor shareholders meeting place or thread.
This is not a trading thread and your analysis has no place here.
There are threads for traders and if they are not to your liking create a new one.
A trader here can only be seen as attempting to manipulate.
Your continuing commentary which now slants towards there being long term business success makes for all the business owners here very transparent that your commentary on holding 70 cents is of absolutely no value whatsoever.
As business owners BRNASX trading at 50 cents or $2.00 has no implication for the market price of AKIDA IP or Edge Impulses platform with Brainchip on board being adopted by developers, Renesas paying royalties on mass produced products and Mercedes Benz using AKIDA technology in cabin to diminish power use across its fleet.
The Chair of Brainchip’s Board made it clear at the AGM that the share price will do what the share price will do but Brainchip the business will continue on growing and building on its successes, partnerships and ecosystems while continuing to advance its technological lead regardless.
If you are on a mission to protect investors go and protect the traders as your analysis has no relevance here.
My opinion only DYOR
FF
AKIDA BALLISTA