Xhosa12345
Regular
Great post FF (like always) Lthers should have nothing to worry about and for the love of god i hope most dont have stop losses.... set your price target and your timeframe and come back then!Further to the above I was just reading an article about where the US is at and it is just one persons opinion but the following paragraph is interesting:
“At this point, it’s also worthwhile to remind investors about the nature of bear markets. While the typical definition is a 20% market fall, I prefer the legendary investor Howard Marks’s old-school definition of a bear market – “nerve-wracking”! A bear market is a curious beast; they are genuinely only definable in hindsight, and they take a significant amount of skill and conviction to manage through (successfully). They are not as our memories might suggest – a straight line – for instance, since the 1960s there have been 10 bear markets in the S&P500, totalling 114 months in length. The S&P 500 average monthly return for these months is -2.2%, however almost one-in-three of the months during these bear markets delivered a positive, averaging +3.4%. Plus, the month that signalled the end of a bear market (only in hindsight) averaged a massive +7.5% return. Bear market rallies can hurt if under-invested!”
Assuming the stats referred to are correct then the average bear market has lasted 11.4 months.
This writer and others have a view that the Bear Market in the US commenced 5 months ago so based on the average it has about 6.4 months left to run.
Again based on the average we should see two positive months at least during the 6.4 months then a recovery.
Now if the average holds then the 6.4 months will coincide with the last quarter 4C due end of January, 2023 which is when we have an expectation of income growth starting to appear.
So one might think that these two events if they coincide could be a significant BRN share price recovery catalyst.
Despite all the negatives in play the economic drivers that do not seem to be likely to go away are:
1. High tech defence spending.
2. Electric vehicle adoption by 2030.
3. Edge computing transition.
4. Energy conservation and efficiency.
5. Technology driven medical services.
6. Cybersecurity.
There are always winners and losers when adverse economic headwinds occur. If you are in the right place and set up to capitalise then you will emerge a winner.
The question is whether Brainchip is in the right place and set up ready to win.
Factors in its favour:
1. Technology lead across all the relevant areas where growth seems assured.
2. Strong commercialisation team in place.
3. Established strong commercial partnerships.
4. No debt.
5. Well capitalised through to 2024 at least.
My opinion only DYOR
FF
AKIDA BALLISTA
Just imo, we cant win against the big boys but keep your shares out of the market !