Yes, I think its an insensitive post.
Its easy for people to hide behind words such as "not advice" or "DYOR" on these forums, but I suppose peoples decision to invest in a stock like Brainchip is a combination or "sum total" of all the information they can find out about the company. There were plenty of regulars here and on the other site providing positive commentary on the company, some even having direct or personable contact with key members of BRN. When comments such as "2022 will be our best year ever".....good luck trying to prove that statement wrong" are made by our trusted forum regulars, also considering all the positive announcements and their contact with BRN personnel, people may have invested in the company (based on their sum total analysis - these forums being part of their analysis, irrespective of the DYOR etc, that is written....
So what I'm trying to say is that people have invested in this co, pre 21-22 on the basis of the information they have gathered, and all indicators where that by 22-23 the company was going to be pushing upwards in terms of sales/revenue and ultimately SP. But that has happened. People did their research and unfortunately they are in negative territory. people did have a plan based on the information at that time and I bet no one would have thought we'd drop back in the 30's at this time.
I'm not bitching, but feel for all the people who bought at a higher price, who are angry now, and yes its not that easy to just sell. They had anticipated (as everyone else) that the SP would be significantly higher than where it is now, and things didn't go according to their plan. Things like increasing interest rates on peoples home loans are putting pressure on them, and it would hurt to just sell up BRN shares at this low SP to get by, after being in the company for so long. I'm sure people who have bought in at 4-5cents (that includes me) are feeling some sort of pain or disappointment also, and there is nothing wrong with that.
In saying all the above, I am still very positive on BRN (have not sold 1 share to date), and what they have. I am just concerned about the timeline left to market, and that of potential competitors.
The share price at these levels certainly sucks and I doubt you'll find many holders apart from the abominable shorter's who are happy about it.
I am surprised and disappointed to find it back down here and I too have empathy for those who are doing it particularly tough at the moment.
It is a difficult time for many who find they have not allocated sufficient reserves to accomodate this unpleasant circumstance and turn of events.
For many, this is a lesson previously learned from perhaps bitter experience, which is I guess, the basis of that wisdom, that comes with age.
For those who have not yet had this lived experience, it can indeed be a bitter pill.
I hope you can adapt your posture, tighten your belts and live through it, as many of us have, in the past.
There are lessons to be learned from it, and though some are unpalatable at the time, those who can, may learn some sympathy with those who passed through the 20's, 30's, 40's and 50's of a previous century.
Time marches on, and though we each can only play the cards we're dealt, in the game we've inherited, we do have some agency, and most here are indeed fortunate to be dealing with mainly "first world problems".
I continue to hold in the hope and conviction that we won't all be blasted, frozen, par boiled, shot, drowned, suffocated or eaten by hyena's before the current cycle turns, our product is widely adopted and our share price is reflecting our Company's success.
I still believe that we have an experienced, competent and diligent management team working in a coordinated manner, with the approval and support of our founder, in following a well conceived and considered plan in order to achieve our goals with the right tech, in the right place at the right time.
But, it's not magic, nor the highly condensed version of life we see in the movies.
In this real world, we'll likely find ourselves popping Champer's corks and suddenly hailed an overnight success, whilst we few, who knew early, and hung on, wryly grin at each other, remembering the years in the making.
AKIDA BALLISTA
AKIDA EVERYWHERE
GLTAH
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