Ok, here's something I have wanted to talk about for a while.
Many of us love swimming in the ocean.
We know there are sharks in there.
We still do it. Because it is fun.
We love investing in disruptive companies like Brainchip.
We know there are sharks out there with all sorts.
We still do it. Because it can be life changing.
I think it is about time we accept this fact, and stop blaming others for what's happening on the market.
Yes, there could be manipulation, in every share on ASX which includes Brainchip.
But what can we do about this?
ASX is their ocean, and we are just swimming in it.
We need to be careful, look for warning signs, keep finger on the market pulse and act accordingly.
Once I realised this, I stopped the blame game on manipulation, because quite frankly, they helped me accumulate shares in around 6 accounts over the last few years. Thanks to the SP appreciation, around 90% of my main account is BRN shares.
Make use of the market conditions, accumulate if you can, sit out or stay put... but whatever you do, we need to realise manipulators alone do not control the market.
We all enjoyed the share price going to $2.34, if not for the shorts and manipulators we would not have reached that levels.
Not many people think about this.
We are adults and we need to take responsibility for our actions, and stop blaming others. If you make decisions to buy or sell, just because an up ramper or down ramper made comments on a public forum, you need to stay off the market for a bit, read up, prepare yourself psychologically and come back again later. We need to be able to hear both sides of arguments when investing, that is how we learn and grow. We cannot control how people invest, trade, or make money on the markets. We can only control our own actions and our behaviour towards the information we receive - how we receive this information and what we do with it.
There are more than 100 million shorts on BRN now, and all we need is one good Announcement to put a smile on our face.
TSE is still a great platform, I went to HC two days ago after a long time to compare, and it is still a cess pool. If you still visit it, you know what I am talking about. We have community moderation here, if you feel someone is making disparaging comments or down ramping, report it. Zeebot has created the platform but it is up to us to keep it sane. And from what I see, we do a great job.
I know many won't like this view, but it is another view and is mine.
Akida Ballista.