Kachoo
Regular
IMO for what its worth we basicly can gauge too much from charts.I don't get charts, especially when the company is massively shorted, my opinion hard to follow when manipulation sets in
Manipulation on BRN is quite obvious.
2 things can change this side movement.
1. Until this manipulation ceases we won't see much movement.
2. Confidence returns to the masses and buyers that can out $$$ the cost of manipulation vs return on people dumping and giving up on their holdings. This will take a cracker announcement that nobody knows when will one such happen.
Unfortunately management lost retail holding confidence and the result is the SP is in the toilet.
Technically they don't care as their shares are taxed at lower dollars so it's actually benifits them to a greater level. That said its not legal to keep news and I do not think they do its just how they played the companies value that pisses me off.
Overall they do have more value then is priced in IMO these partnerships and connections that we only know of likely will lead to revenue.
I think people really play the past brainchip pre akida to this new product and the failures they had way too far for the benifit of driving the price down. Just read the names of the customers from the past and compare it to Tata Valeo MB Unigen VVDN and so forth its an absolutely different ball game. I do have confidence in the Technology it has been validated by many many companies teams and people its clearly science fiction. That being said us how its hard to gain traction when there is a new product even better it will take time and it has but the promises is offered is documented.
I also have faith in the Management team overall. I do think they have the contacts and understanding of how they built an ecosystem and attracted some talent. Has it been challenging for them absolutely but I do thinknthey will get Akida to the finish line hence I'm here still. Do I think they could do better possibly but again we don't know all they have done.
Being retail holder we really for the most part do not know or have the expertise knowledge or connections to know how this is done all we do is look at the sp and cry do to some poor communication from the BRN team.
The company has really gone far over the years their presence was not known really. As Rob stated CES 2024 is going to be exciting they are a more known company thatbwill get more visits at the booth.
One of my opinions is that the manipulators have drained holders so much it will provided then shares to accumulate all the way to a 1.00 which before none of them sold but everyone is right to do what they want. Its just an observation im sure many are looking to exit from and its there right.
I know stocks shoot up and down but this ride has been really volatile IMO but personally when I look at the value of whats on offer and the price today I would think we are on sale. In the end it is revenue that will drive PEs and the SP at current valuations for growth stock we really do not need that much revenue and we have quite a few iron in the fire so I do think we will get there.