BRN Discussion Ongoing

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Filobeddo

Guest
I lost my dark screen and don't know how to get it back, when I cleaned up my phone 😔..

But, shorters trying to give the price a fair whack this morning..

View attachment 12181

They are shitting cinder blocks, in my opinion..

Yeah watching you shorting pricks 🤨

watching you meet the parents GIF
 
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Well we can blame Snapchat’s poor results which cause a late tech sector selloff in the US aftermarket during the night. BRN is moving up and down pretty much with the larger tech sector sentiment until we have “new” confirmed SP moving news from the company or one of the confirmed partners. There is some anticipation of the 4C of course which helps keep some forward momentum.

This is just daily inconsequential noise though in the grand scheme of BRN’s future. Next year and beyond they should be flying.
 
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Looks like there was about 900k of shares dumped..

Anybody got a figure on how many additional shorts taken out yesterday?

I know someone said Wednesday's figure was around 900k.
Look at the volume, shorters look like they have blown their wad for now and are just trying to massage the price lower.

They may have created a bit of fear, which was their intention.

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A better view..
 

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Well we can blame Snapchat’s poor results which cause a late tech sector selloff in the US aftermarket. BRN is moving up and down pretty much with the larger tech sector sentiment until we have “new” confirmed SP moving news from the company or a confirmed partner. There is some anticipation of the 4C of course which helps keep some forward momentum.
What time does Kim Clarke start work in Perth EST. Around 11am. Cmon Kim. Hit that send button on the email to ASX.

Would love to get a look at that 4c before it lands on the ASX in box. 🤑

I think shorters know they got till next Friday to get this price in their range. BRN fairly consistent on waiting till end of month to put out 4c. Be nice to get it early for once though.
 
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That might be it @atms.
Could be. At US.69 cents to AUD$1. US1.18 = AUD$1.711 exactly. So someone tried to XT at AUD1.18 and did it at US1.18. Too big a coincidence to not be the case. Someone is in Trooouuuble. Good pick up.

SC
 
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Cyw

Regular
Looks like they are working hard to close the $1.01 gap.
 
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DJM263

LTH - 2015
Look at the volume, shorters look like they have blown their wad for now and are just trying to massage the price lower.

They may have created a bit of fear, which was their intention.

View attachment 12184
A better view..

I believe there is some profit taking before the weekend. If you want to top up now looks like it might be a good opportunity, not advice so DYOR.
 
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jk6199

Regular
Just don’t sell if it’s dropping, the less that sell, the less ammunition the shorters have.
No advice, just my thoughts!
 
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What time does Kim Clarke start work in Perth EST. Around 11am. Cmon Kim. Hit that send button on the email to ASX.

Would love to get a look at that 4c before it lands on the ASX in box. 🤑

I think shorters know they got till next Friday to get this price in their range. BRN fairly consistent on waiting till end of month to put out 4c. Be nice to get it early for once though.
Last 4C was on Tuesday 26th of April so....maybe two more business days for another Tuesday the 26th next week....???
 
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Look at the volume, shorters look like they have blown their wad for now and are just trying to massage the price lower.

They may have created a bit of fear, which was their intention.

View attachment 12184
A better view..
Moving on up now, but also very thin volume, so doesn't mean much, unless Smart Money steps in..

_20220722_102932.JPG
 
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Boab

I wish I could paint like Vincent
Last 4C was on Tuesday 26th of April so....maybe two more business days for another Tuesday the 26th next week....???
The 25th of April was a public holiday so could be Monday??
 
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Yak52

Regular
Looks like they are working hard to close the $1.01 gap.

PLEASE Cyw..............don't start with gaps!

We have gone through ALL that Gap Voodoo stuff before and gaps do NOT need to be filled! Trader tricks to scare Retail.

Below is a pic of the product to use.

No more Gaps.png
 
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buena suerte :-)

BOB Bank of Brainchip
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kill-you-youre-dead.gif
Even the little girl knows the shorters below 90 cents are done for.

Now why don't you just roll over and die already 😛🤣
 
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ASX as a whole has been working its way back up towards open after an early morning panic.

Shorters on BRN appear to have done their best but have now run out of puff. Lets see if BRN and the market as a whole continues to recover over the next couple of hours. I see things as setting up nicely for a late afternoon run up. Particularly as the seller depth looks patchy to say the least.
 
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charmander

Regular
Nice little bit of publicity in SelfWealth's weekly wrap!
 

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Labsy

Regular
I actually don't mind to see a little price consolidation on a Friday. Fridays are my accumulation days... Would be ideal if ended level or a whisker in the green for a nice start next week.
 
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Amyone else think Artificial intelligence is the beginning of the end?

on that note happy weekend Ladies and gentlemen.

 
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