DingoBorat
Slim
The Top 20 holders, have 750 to 800 million shares, with over 1 billion of the 1.8 billion odd shares on issue, owned by the Top 200.
Take out the traders/trading and the borrowed shares used to manipulate the share price and I don't think there is really "that" much liquidity in this stock.
The borrowed shares, which amount to around 60 to 70 million units (or around 3.5%) isn't a "huge" amount and there is plenty of room for more (the highest we've seen, is around 140 million shorts, or ~7%).
I think it's going to be real interesting, to see how this year finishes out and the New one begins.
Shorters aren't anywhere near in trouble, but they did "fumble" the ball, in early trade, last session, got control back a bit and then totally lost it, into the closing stanza, with walls falling like dominoes.
Regardless of how much BrainChip is actually "making" right now, confidence in the Company's Future success is growing.
This is translating into strong demand for BRN shares.
The "natural" supply is already not meeting demand, so really, with increased demand, "walls" of substantial quantities, in an environment of relatively low supply, are going to look incredibly attractive, to those wanting to accumulate decent holdings.
On a Worldwide institutional/serious investor stage, there is in all practicality no supply, other than the large parcels being thrown around by shorters.
We are obviously not "there" yet, in that respect, but we're definitely getting closer.
The reality of BrainChip closing an undeniably significant IP deal, in the first part of the New Year, is looking a lot less like a fantasy and a lot more like a certainty now.
BrainChip doesn't "need" to be profitable straight away, or "overnight" to be valued and trade consistently, at multiples of the current share price.
But it does need to show the market, a Big IP deal, or 2 with Companies that people have heard of.
Supply and demand, will do the rest.
It's no accident, that BrainChip is already constantly mentioned, alongside such well known Company's, as Intel and IBM.
I believe real success for BrainChip and the AKIDA/TENNs hardware/software suite of products, is just around the corner, but let's see
Take out the traders/trading and the borrowed shares used to manipulate the share price and I don't think there is really "that" much liquidity in this stock.
The borrowed shares, which amount to around 60 to 70 million units (or around 3.5%) isn't a "huge" amount and there is plenty of room for more (the highest we've seen, is around 140 million shorts, or ~7%).
I think it's going to be real interesting, to see how this year finishes out and the New one begins.
Shorters aren't anywhere near in trouble, but they did "fumble" the ball, in early trade, last session, got control back a bit and then totally lost it, into the closing stanza, with walls falling like dominoes.
Regardless of how much BrainChip is actually "making" right now, confidence in the Company's Future success is growing.
This is translating into strong demand for BRN shares.
The "natural" supply is already not meeting demand, so really, with increased demand, "walls" of substantial quantities, in an environment of relatively low supply, are going to look incredibly attractive, to those wanting to accumulate decent holdings.
On a Worldwide institutional/serious investor stage, there is in all practicality no supply, other than the large parcels being thrown around by shorters.
We are obviously not "there" yet, in that respect, but we're definitely getting closer.
The reality of BrainChip closing an undeniably significant IP deal, in the first part of the New Year, is looking a lot less like a fantasy and a lot more like a certainty now.
BrainChip doesn't "need" to be profitable straight away, or "overnight" to be valued and trade consistently, at multiples of the current share price.
But it does need to show the market, a Big IP deal, or 2 with Companies that people have heard of.
Supply and demand, will do the rest.
It's no accident, that BrainChip is already constantly mentioned, alongside such well known Company's, as Intel and IBM.
I believe real success for BrainChip and the AKIDA/TENNs hardware/software suite of products, is just around the corner, but let's see
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