It is also possible that a lot of share inventory is sitting in Market Maker hands. They will unload once they see a catalyst to tic the bid upwards, because they know this is oversold and is over due for a surge just on technical basis.
BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
My understanding of how market makers maneuver is that they strive to close each market session net neutral through stockholdings or hedging.
A MM would have a difficult time financially being short a million shares and with news the stock opens up 20%.
MM make money on trading volume and not speculating on price movement.
chapman89
Founding Member
Very simple.No more than 1 hour after posting this, my wife had a bit of a breakdown. She has been doing really well, but today got to her. Can someone give me a pep talk now?
She just feels as though we must have missed something to cause it going from $2 - 18c
I tried the best I could to reassure her, but it is friggin hard to see you life savings under attack including 70% of life’s super.
What are people actual thoughts on why we are free falling? Let’s have a moment of real talk. I can’t think of one logical reason other than manipulation and uneducated retail freaking out.. in fact I only see positive after positive, but if anyone can think of 1 good reason to why we are free falling let me know. I need to know
Just tell her what drove the share price to $2.34 is being worked on and in production now
I can see ASX giving us à speeding ticket if it went up by 10 percent. CROOKSHi Fastback6666,
That's something we holders have seen beyond our wildest thoughts share price movement has certainly caught a lot of us by surprise not a quick surprise as in quick sudden drop but a slow stealth sort of drop filled with she'll be right it'll bump up againyes a lot traded yesterday and the drop was a drip but still painful for some I honestly wish I didn't get my order hit, but if life throws some lemons your way why not not make some lemonade. Beats orange juice that's for sure.
Hopefully share price can move Fastback to higher prices shortly.
Rise from the ashes
Regular
Hi Glen, I have no doubt those dilzy's that run the show at the ASX would do that we've seen it before we'll see it again.
Rise from the ashes
Regular
G'day Hamilton,
Yep I'm a pretty rusted on shareholder here riding the rough currents on this journey through the sea they call the ASX even got some barnacles that have attached themselves to my weathered boat I've used as a vehicle for this journey. Was only supposed to be a 3 hour hour tour but got lost at sea, shipwrecked and find myself on this island with others here
( Gilligan's Island)Glad to hear you been topping up a long the way mate.
I'm a bit lost on your comment " Are we f/ws"
No idea what that means.
Are we Effed without shoes?
Morning Chippers,
One has to laugh sometimes.
Microsoft looking into building nuclear power plants for their data centres.
www.cnbc.com
Farrrrrrrrrrrk sake.
Regards,
Esq.
One has to laugh sometimes.
Microsoft looking into building nuclear power plants for their data centres.
Microsoft is hiring a nuclear energy expert to help power its AI and cloud data centers
Microsoft is looking to hire a nuclear energy expert to help coordinate powering its AI data centers with small nuclear reactors.
Farrrrrrrrrrrk sake.
Regards,
Esq.
cosors
👀
"The company is looking to generate energy with nuclear fission, which is when an atom splits and releases energy as a result of that splitting."Morning Chippers,
One has to laugh sometimes.
Microsoft looking into building nuclear power plants for their data centres.
Microsoft is hiring a nuclear energy expert to help power its AI and cloud data centers
Microsoft is looking to hire a nuclear energy expert to help coordinate powering its AI data centers with small nuclear reactors.
Farrrrrrrrrrrk sake.
Regards,
Esq.
That shows what we are dealing with.
Learning
Learning to the Top 🕵♂️
Hi TFM,No more than 1 hour after posting this, my wife had a bit of a breakdown. She has been doing really well, but today got to her. Can someone give me a pep talk now?
She just feels as though we must have missed something to cause it going from $2 - 18c
I tried the best I could to reassure her, but it is friggin hard to see you life savings under attack including 70% of life’s super.
What are people actual thoughts on why we are free falling? Let’s have a moment of real talk. I can’t think of one logical reason other than manipulation and uneducated retail freaking out.. in fact I only see positive after positive, but if anyone can think of 1 good reason to why we are free falling let me know. I need to know
I am certainly feeling the same pain.
I look at the current situation as manipulation. If I deducted the Mercedes event. The sp was sitting around .40c -.50c mark. Now with all ecosystem partnerships, university programs and ADK1500 and soon Akida 2.0. And the sp is at .18c. I don't personally believe BRN can go this low. But it is.
As other have said. The selling pressure of ASX 200 departure, Funds are selling, US tax loss selling. Short took the opportunity to put further pressure on the sp.
However, what I find interesting is short cover was only 30 millions shares. So further short attack to try and close more shares. But instead of short closing, others are buying instead, due to sp being so low. Hence, short volumes has not drop further?
That's just my personal view, and hope we all prosper with BRN in in time.
Learning
Last edited:
Tony Coles
Regular
Morning Chippers,
One has to laugh sometimes.
Microsoft looking into building nuclear power plants for their data centres.
Microsoft is hiring a nuclear energy expert to help power its AI and cloud data centers
Microsoft is looking to hire a nuclear energy expert to help coordinate powering its AI data centers with small nuclear reactors.
Farrrrrrrrrrrk sake.
Regards,
Esq.
Unbelievable, i have only one word to say. Following the path of “KODAK!”
We need to go up by over 500% to get bak to the dollar mark. I wonder how long that will take
Fastback6666
Regular
Hi Fastback6666,
For sure mate, we all never would have thought the share price could have come back this far, it is just some exceptional circumstances though: No large commercial revenue as yet and was expected by now, revision in tech to suit market more, drop out of ASX200, correction in small cap tech stocks globally, high interest rates, potential recession looming. Wow - pretty crazy when you think about it.
So many confounding factors to drive the SP lower and if you look- the SP is the lowest in oversold territory on the chart in at least 5 years! On that longer time scale that is a huge.
The question is - where is the general tech market and Brainchip heading from here.
It’s an opportunity or a death spiral for the company right - everyone just has to decide which one it is!
I see the SP tanking as mostly unlucky timing from the tech sell off, high interest rates and tighter economy- then falling out of the ASX200 was just the climax on top and that was a bit unlucky that it has played out all together.
If they had just fallen out of the ASX200 and not all the other stuff then I would expect we would still be up around 50 to 80 cent range and expect it to return there fairly easily once the shorters/manipulation exit here at these prices and more news flow.
That's something we holders have seen beyond our wildest thoughts share price movement has certainly caught a lot of us by surprise not a quick surprise as in quick sudden drop but a slow stealth sort of drop filled with she'll be right it'll bump up again
Hopefully share price can move Fastback to higher prices shortly.
For sure mate, we all never would have thought the share price could have come back this far, it is just some exceptional circumstances though: No large commercial revenue as yet and was expected by now, revision in tech to suit market more, drop out of ASX200, correction in small cap tech stocks globally, high interest rates, potential recession looming. Wow - pretty crazy when you think about it.
So many confounding factors to drive the SP lower and if you look- the SP is the lowest in oversold territory on the chart in at least 5 years! On that longer time scale that is a huge.
The question is - where is the general tech market and Brainchip heading from here.
It’s an opportunity or a death spiral for the company right - everyone just has to decide which one it is!
I see the SP tanking as mostly unlucky timing from the tech sell off, high interest rates and tighter economy- then falling out of the ASX200 was just the climax on top and that was a bit unlucky that it has played out all together.
If they had just fallen out of the ASX200 and not all the other stuff then I would expect we would still be up around 50 to 80 cent range and expect it to return there fairly easily once the shorters/manipulation exit here at these prices and more news flow.
Hi FM,No more than 1 hour after posting this, my wife had a bit of a breakdown. She has been doing really well, but today got to her. Can someone give me a pep talk now?
She just feels as though we must have missed something to cause it going from $2 - 18c
I tried the best I could to reassure her, but it is friggin hard to see you life savings under attack including 70% of life’s super.
What are people actual thoughts on why we are free falling? Let’s have a moment of real talk. I can’t think of one logical reason other than manipulation and uneducated retail freaking out.. in fact I only see positive after positive, but if anyone can think of 1 good reason to why we are free falling let me know. I need to know
The problem is that all our potential customers are delaying making any decision on using Akida. The board doesn't seem to be flexible to do deals. The head of world wide sales has departed 12 months to the day he commenced. The board clearly wants us to follow the ARM IP revenue model ie through licensing but the companies interested in us are too small to produce their own chip. The ARM model might work for $1000 phones, but why would it work for a $50 door bell? If it's too expensive for us to produce a chip, how can we expect a sensor manufacturer to? Somehow the board seem disconnected to sales. What potential customer would give any credence to year old tweets from Renesas, MB etc.? Why is it not possible for Sean to pick up the phone and ask those two companies for an update tweet? Why is it so hard to get the ball rolling? The one thing Sean promised was that we would not end up like betamax video recorders. But that exactly where we find ourselves - unless there is an announcement on the ASX regarding the formal release of Akida 2, and a timeline for distributing it to some customers.
db1969oz
Regular
It would be nice to see the broker data for the last period if anyone is willing to share it? Has access? I would like to know who is buying all the shares being sold? Is it just the rusted on chippers here topping up?
rgupta
Regular
Esq I believe there should be a difference in speculator and holder and this present time is a good time to distinguish the same for brn.
Let us see if akida will favour the holders or speculators?
I assume it is a good time to top up if someone believes in brn and is a bit late for speculators. But rather be late than never.
No financial advise but think which side are you.
Dyor
buena suerte :-)
BOB Bank of Brainchip
Agree Labsy.....But... I would love a $1 party right now!!!Instos can push the sp down as much as they like. Put a value in your mind. Have a plan... it's happening guys... any day any second. Hold onto your hats.
5 dollar dinner party
.... I remember those days! 
SOON!!
Cartagena
Regular
Personally I think the shorting has done great damage to the SP and it always has been a very unethical practise which is being exploited by funds to make money without shareholders permission. Like kind of renting out your nice house to 30 people who will trash the place and then give it back to you. This sort of stuff should stop and the regulators are just as complicit here as the funds.
I am probably going to start an anti shorting movement as I hate it so much. I noticed the shorts levels have dropped recently which is finally a possible sign they are scurrying off to other stocks.
Sam
Nothing changes if nothing changes
Ummm whatVery simple.
Just tell her what drove the share price to $2.34 is being worked on and in production now
@chapman89 where did you see that? And why do I feel like dancing 
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