BRN Discussion Ongoing

[Filobeddo]

Hey I really hope they are

Yeah hope so too, it'd be very hard to take Zero love here

 

[Bravo]

- Investor Times

InvestorTimes.com – Your Trusted Source for Financial News and Insights

investortimes.com

 

[DingoBorat]

Yeah hope so too, it'd be very hard to take

I think, they're going to have to get used to taking it...

 

[Filobeddo]

I think, they're going to have to get used to taking it...

Yep & its called....

 

[Rise from the ashes]

Hey, I really hope they are!

what's the vibe with your brother he loving the price rise?

 

[buena suerte :-)]

Another great day, same again tomorrow please ​

​

BRAINCHIP HOLDINGS LTD​

Last Price (AUD) $1.205
Today's Change Up $0.075 (6.64%)

MC now above $2Billion again

See you all again same place same time tomorrow

Cheers

 

[Rise from the ashes]

Another great day, same again tomorrow please ​

​

BRAINCHIP HOLDINGS LTD​

ASX: BRNShare: Information Technology, Software & Services


Last Price (AUD) $1.205
Today's Change Up $0.075 (6.64%)

MC now above $2Billion again

See you all again same place same time tomorrow

Cheers

I was already hitting the piss at 11 am.

 

[buena suerte :-)]

I was already hitting the piss at 11 am.

 

[Frank Zappa]

View attachment 12091

- Investor Times

InvestorTimes.com – Your Trusted Source for Financial News and Insights

investortimes.com

Brilliant information and forecast for our future sales .What outstanding decisions by our management in the past to team up with the top future car selling companies. I think the penny is starting to drop

 

[Filobeddo]

checked trading volume percentages for the day & similar to first hour


approx 20% of individual trades were 100 shares or less

approx 38% for 500 shares or less

approx 56% for 1500 shares or less

approx 80% for 5000 shares or less

For those that are interested had another squiz at individual trading volume percentages again, and very similar to the above

 

[robsmark]

Solid week comrades, now would be the perfect setup for a tasty new commercial contract to drop… can you imagine the sheer panic amongst the shorters if that were to happen? Super squeeze

 

[Filobeddo]

I was already hitting the piss at 11 am.

That.. explains a Lot

 

[Bravo]

View attachment 12091

- Investor Times

InvestorTimes.com – Your Trusted Source for Financial News and Insights

investortimes.com

I was trying to work out some figures on how much $ we would HYPOTHETICALLY see by 2025 if the following were true.

• Volkswagen have said they're going to use 3 families of chips (from an article I posted previously today) and lets say that AKIDA is 1 of the 3 families of chips, as I prefer erring on the conservative side.
• Volkswagen have 50 chips in their SUV (as per Venturebeat snippet below)
• 50 divided by 3 = 16.666
• 16.666 x 2,300,000 = 38,3333,333,31

So, ummmm, yeah...not too sure you can trust my math here but...lots of moolah I reckon.

 

[mrgds]

 

[Boab]

I may have missed it but haven’t seen a wonderful Greeeeen Room yet

How remiss of me.

 

[M_C]

Apologies if already posted

https://www.eetimes.com/neuromorphic-sensing-coming-soon-to-consumer-products/

 

[Dozzaman1977]

I've sent a email to the asx asking why brainchip has not been listed in the daily asx200 top 5 increase in price list for the 2 days it was this week.
If/when I get a reply I'll post
Seems strange we have been left out......
Some of the newspapers and other media follow this daily winners list and publish, Id like to see brainchip on this list when they are meant to be on it.

 

[MDhere]

View attachment 12095

can't wait to get all the qld plates together in a row

 

[wilzy123]

really quiet over there today....

Literally 100% irrelevant.

 

[DingoBorat]

When @TECH posted today "CLOSE OUT AT $1.295"

I didn't think he was predicting the closing price..
And what he said, stuck in my head..
Maybe this is more what he was talking about and perhaps he knows the "Close Out" price, of a couple of large brokers ..

There are possibly still 70 to 80 million trapped shorts (borrowed) shares at under 90 cents and while they can hold on, at some point, the broker is going to say..
"Nutt, sorry, I'm buying back those shares to cover your account now!"..

Is that price $1.295?
And how many shorts affected?
What would that do to the share price? (obviously up from there, but how much?)..

Stay tuned.

Short Selling: How Long Does a Short Seller Have Before Covering?

The lender of the shares in a short sale can ask for the shares back at any time, with minimal notice, but this rarely happens.

www.investopedia.com

KEY TAKEAWAYS​

• There are no set rules regarding how long a short sale can last before being closed out.
• The lender of the shorted shares can request that the shares be returned by the investor (gambler) at any time, with minimal notice, but this rarely happens in practice so long as the short seller keeps paying their margin interest.
• A broker can force a short position to be closed if the stock rallies strongly, causing large losses and unmet margin calls.
• It is far more likely that the investor (gambler) will close out the position before the lender will force the position closed.
•