BRN Discussion Ongoing

[FabricatedLunacy]

The fools wonder in confusion, after bashing BRN time and time again… no I didn’t read any of their stuff

 

[Earlyrelease]

Thanks @MC. I will revise my figures again based on this "new information".


So, lets see.

• 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 3 out of 3 of the families of chips, forget erring on the conservative side.
• Volkswagen have 50 chips in their SUV (as per Venturebeat snippet below)
• 50 x 2,300,000 = 15000000

Then we have Mercedes

• Let's say Mercedes have 90 chips in their SUV's
• 90 x 900 000 = 81000000

So that means, Volkswagen plus Mercedes

81000000 + 15000000 = 96000000



PLEASE DO NOT RELY ON THIS AS FINANCIAL ADVICE BECAUSE I FAILED MATH AT SCHOOL.

Bravo
Let’s not forget I think PVDM himself at AGM 2 yrs ago said current cars have up to 300 chips. With Brainchip they would only need 8.
Now these are my words and a lot of water is under the bridge but somebody will correct me if I am out by too much

 

[equanimous]

NVISO has successfully completed full interoperability of four of its AI Apps from its Human Behavioural AI catalogue to the BrainChip Akida neuromorphic processor achieving a blazing average model throughput more than 1000 FPS and average model storage of less than 140 KB. Click to read the full press release. Want to understand what this means for NVISO, its AI Solutions, and its customers such as Panasonic and Siemens Healthineers?

Has any Brainchip/ASIO investors been to any fancy french restaurants recently?

 

[sonofkong]

Here’s a link to the NVISO webinar - https://nviso.ai/en/events/webinar---nviso-human-behaviour-ai-neuromorphic-computing-results

 

[Deadpool]

Thanks @MC. I will revise my figures again based on this "new information".


So, lets see.

• 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 3 out of 3 of the families of chips, forget erring on the conservative side.
• Volkswagen have 50 chips in their SUV (as per Venturebeat snippet below)
• 50 x 2,300,000 = 15000000

Then we have Mercedes

• Let's say Mercedes have 90 chips in their SUV's
• 90 x 900 000 = 81000000

So that means, Volkswagen plus Mercedes

81000000 + 15000000 = 96000000



PLEASE DO NOT RELY ON THIS AS FINANCIAL ADVICE BECAUSE I FAILED MATH AT SCHOOL.

Hey Bravo, your short changing your hypothetical / realistic equation.
Missed a zero
50 x 2,300,000 =115,000,000
81,000,000 + 115,000,000 = 196,000,000

 

[raybot]

Is that Mr Bean bottom left ?

 

[Sirod69]

It's very simple Sirod.

The shares they sell, are borrowed at a small cost or percentage.

The only way they can make money, is to dump them on market and then buy them back cheaper.

They make no money by selling them, as they don't own them.

The money they make, on returning them, is the difference in the sold and bought price.

If they are forced to buy them back at a higher price, this difference, is also theirs to bear.

The losses in short selling, are potentially unlimited, as there is no limit to how high a share price could go.

Obviously that wouldn't happen and either they would cover, or their broker, would force the close of their position.

Hope that helps.
It's basically like gambling with money you borrowed.

so these people borrow shares, sell them for cash and have to give the same number of shares back to the person, right? So these people need cash and are betting on lower rates to keep that difference, right? How dumb is that??

 

[skutza]

so these people borrow shares, sell them for cash and have to give the same number of shares back to the person, right? So these people need cash and are betting on lower rates to keep that difference, right? How dumb is that??

I don't think they have to sell them immediately. They borrow the shares and can sell them at anytime I believe. If the stock is in an uptrend can they hold the shares until they feel more secure to sell?

 

[Bossman]

No you listen you bell end. You were being and are a smartarse. I wrote “English please” to which you replied “YOU CAN TRANSLATE THIS YOUR SELF WITH 2 CLICKS”. I accept your forthcoming apology.

And in the meantime Ukrainians are dying and you all are winding yourselves up with imaginary insults. Have a cup of tea, relax and give thanks that you are all healthy individuals with the ability to be in control of what happens to you. Peace.

 

[DingoBorat]

so these people borrow shares, sell them for cash and have to give the same number of shares back to the person, right? So these people need cash and are betting on lower rates to keep that difference, right? How dumb is that??

They need lower prices yes
But having the price lower, isn't enough, they need volume.

They aren't really dumb, some make a lot of money.
And have made millions off of BRN.
But like any gambler, when they win big, do they leave and never come back to the table?

Right now, with BRN, in the current situation..

They would certainly be feeling dumb!

Fear and Greed are the main tools of Smart Money and shorters.

 

[Sirod69]

I don't think they have to sell them immediately. They borrow the shares and can sell them at anytime I believe. If the stock is in an uptrend can they hold the shares until they feel more secure to sell?

I always thought so too, but then this increase that we have now would be great, then you would have an enormous profit now, or am I misunderstanding that again? Or do we now expect that it will continue to rise like this? or how or what, now I don't understand it again, just tell me what has to happen for them to burn properly...
I think many of you will laugh at me now

How long have I been trying to figure this out?

 

[skutza]

I always thought so too, but then this increase that we have now would be great, then you would have an enormous profit now, or am I misunderstanding that again? Or do we now expect that it will continue to rise like this? or how or what, now I don't understand it again, just tell me what has to happen for them to burn properly...
I think many of you will laugh at me now

How long have I been trying to figure this out?
View attachment 12122

I'm not 100% sure about when they sell. But if the price goes up and they haven't sold the shares then they will ne even. If they sold the shares at $1 they would have to currently buy the shares back and lose 20%

 

[HopalongPetrovski]

so these people borrow shares, sell them for cash and have to give the same number of shares back to the person, right? So these people need cash and are betting on lower rates to keep that difference, right? How dumb is that??

They make money if the share price goes down.
So, they go on forums like this or anywhere they can and trash talk the Company in the hope to influence other people into selling.
If they can discredit the Company, say stuff like it needs money, or the product is crap, or there is competition coming on the market soon, or the Directors are crooks......anything really to make existing shareholders doubt or think the price may go down. Then, the large organisations who do this program their "bots" to put downward pressure on the price by placing numerous small trades decreasing the current price by small increments. Eventually they will start hitting stop loss orders which starts a cascade.
I think it should be illegal, but it's not and so shorting continues, particularly on stocks which trade with high volumes.
I think the thing about it I hate the most is the deceit and lie's shorter's spread just to make a dollar.
Can't be a very nice way to live or make a living.

 

[Sirod69]

Shenzhen, China- At the Win-Win Huawei Innovation Week, David Wang, Executive Director of the Board and Chairman of the ICT Infrastructure Managing Board of Huawei, delivered a keynote speech titled “Innovation, Lighting up the 5.5G Era”. In his speech, Wang spoke about the next evolution of 5G technology, which the company has termed, 5.5G, and the industry’s innovation roadmap for the next five to ten years.

Huawei's David Wang: Innovation, Lighting up the 5.5G Era

David Wang, Executive Director of the Board and Chairman of the ICT Infrastructure Managing Board of Huawei, delivered a keynote speech

timestech.in

 

[JK200SX]

https://www.youtube.com/channel/UCbK8eZnczzt-gJQyz6LmKHw

 

[Mws]

And in the meantime Ukrainians are dying and you all are winding yourselves up with imaginary insults. Have a cup of tea, relax and give thanks that you are all healthy individuals with the ability to be in control of what happens to you. Peace.

And in the meantime Ukrainians are dying and you all are winding yourselves up with imaginary insults. Have a cup of tea, relax and give thanks that you are all healthy individuals with the ability to be in control of what happens to you. Peace.

Yeah good call, and what about us all winding each other up with imaginary share prices. 10 x Microsoft? We’re still allowed to live. Are you posting from ?

 

[DingoBorat]

I don't think they have to sell them immediately. They borrow the shares and can sell them at anytime I believe. If the stock is in an uptrend can they hold the shares until they feel more secure to sell?

Yes, they can sell when they want, but once sold, that's it.

They can borrow more and sell again, for more effect, but unless their actions create "real" selling volume, by "unsophisticated retail scum" (that's us ).
Then they are in trouble.

There were around 900k of shorts taken out yesterday, which it "looks" like were used on open and around the middle of the day, with little effect.

It doesn't "look" like they have a "war chest" of unsold shorts, but you can be sure, that more were taken out today and will be used tomorrow.

The thing is, that other shorters are trampling over each other, to get these at the moment.

There are also different levels of shorters.
The ones trapped below 90 cents, aren't the smarter ones..

 

[Bossman]

Yeah good call, and what about us all winding each other up with imaginary share prices. 10 x Microsoft? We’re still allowed to live. Are you posting from ?

No Mws i am incredibly lucky to have been born and live in this amazing country called Australia. Its OK to allow people to get excited about what they think their future might hold even if you don't agree with them. Sometimes dreams are all people have.

 

[Mws]

No Mws i am incredibly lucky to have been born and live in this amazing country called Australia. Its OK to allow people to get excited about what they think their future might hold even if you don't agree with them. Sometimes dreams are all people have.

I was being facetious. This is a anonymous forum after all. Just a bit of winding down or up lol,after a hard days work. Brainchip’s s/p where it’s at now is a dream realised now (if I sold now) for my family. All the best Bossman

 

[Diogenese]

I'm not 100% sure about when they sell. But if the price goes up and they haven't sold the shares then they will ne even. If they sold the shares at $1 they would have to currently buy the shares back and lose 20%

Shorters "notionally" borrow N shares at the then current price of $X per share, for which they pay a smallish fee or percentage on top (up front?).

The shorters now owe the lender N shares.

They have to return the N shares to the lender at some indefinite time, or the lender can ask them to return the shares if the bet looks like losing.

The shorters thus have an inverted risk/reward position in which they win if the shares go down and they lose if the shares go up.

To return the shares, they have to buy N shares at the new market price ($Y) to be able to return them.

If Y < X, then they make $N*(X - Y) profit.

If Y > X, then they make $N*(Y - X) loss.

The only way the lender can lose is if the shorter goes broke (as well as if the shares then go down after the shorter returns them).

All this is considered legal, although how it advances the primary object of the share market to provide investment in productive companies is, shall we say, obscure.

The shorter can attempt to illegally manipulate the share price by drip feeding small numbers of shares onto the market at prices marginally below the share price at any time, eg, by using bots.

ASX motto: You scratch my back, I'll pick your pocket.