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MeHi Tas.
Yes shorts would probably have been covered today by those in "charge" but I suspect that there will be many "caught" out who were not privy to the change coming about which certainly appears to have started today. Tomorrow will be intriguing to see if it follows through on todays action. A perfect storm has eventuated.
I am moderately confident that it will follow through. Watch Europe & USA trades for an indication tonight.
As for BRN not being a "leaky ship" well it is certainly not a bad as some but there are definitely people within the surrounding business circle who make moves before impending news reaches the masses about Brainchip!
As with any stock/company of this size and diversified product range (customers) it is impossible to be water "tight" on info. There are literally thousands of people involved with AKIDA and have some knowledge about their part being played and its "marketability" and therefore influence on BRN share price.
Cannot keep all quiet forever! Human nature says that some will profit from that knowledge.
EVERYONE on Planet Earth has had plenty of time and forewarning about BrainChip to enable them to take a position in BRN by now!
Are YOU on the bus yet?
DYOR as usual.
Yak52