BRN Discussion Ongoing

[Filobeddo]

The glory that is delayed gratification.
The closest most of us will ever get to having our cake and eating it too.
As crappy and as rigged as our ASX market system is, it has made me richer than I would ever have got on wages alone.
Have spent the better part of the last 10 years putting off sugar hits and buying in to set myself up.
A trick I learnt later in life, but has allowed me to finish with my day job a bit earlier than otherwise would have been possible and will allow a life in retirement that otherwise would only have been a dream.
Days like today are crap, but in the scheme of things are no big deal. Zoom out on your charts timeframe for a little perspective.
Hanging out and in there for the divvies stream to come, so I can bask in the glow of my ever growing, self sustaining pile of marshmallows whilst feasting on that big rock candy mountain crapped out twice a year.....
Bring it, Brainchip.

Love that post Hop, one of the best I’ve seen on this forum

 

[DingoBorat]

Yesterday SP trading for BRN followed along the same sharp pull back that some other key tech stocks sufferred with as well and these were typically the stocks that have had a run of 50% to 200% gain in the last month. That is a great run.

The SP cant keep going up in a fairly straight line up with no pull backs like this when there is no further as yet news to be had. Just the nature of stocks and no one should be worried....it's just expected at some point.

Does not mean it won''t keep going up but at some point but it needs a breather to consolidate plus we also need more larger news ....which we know will come in the next 6 months (deals or dollars shown).

It's all just a matter of time for multi dollar SP movements, we just need more news. Chin up all!

"Yesterday SP trading for BRN followed along the same sharp pull back that some other key tech stocks sufferred with as well and these were typically the stocks that have had a run of 50% to 200% gain in the last month. That is a great run"

For these other key tech stocks, you speak of, to also have had a strong pull back, in what should have been an excellent "trading" environment..
Suggests to me, that there may also have been shorting positions in trouble on those stocks.

BrainChip, is many peoples "investing World" so some may perceive that just we alone, are being onslaughted by these organisations...

The shorters trapped below 90 cents on BRN, are likely in the shit, in multiple positions in the Australian Tech market, due to stronger markets and the CHIP Act.

For the ASX to not publish us as Top Gainers on the ASX200, on at least 3 separate occasions, is not just fishy, it is a fish!

As is their reply to a shareholder query, of it...
"Duh? We don't know.. Is BRN even in the ASX200? We'll check.."

It would be more than a little interesting, to see if some of these other companies, had similar ASX amnesic episodes, as to their inclusion, in the ASX200...

 

[Filobeddo]

"Yesterday SP trading for BRN followed along the same sharp pull back that some other key tech stocks sufferred with as well and these were typically the stocks that have had a run of 50% to 200% gain in the last month. That is a great run"

For these other key tech stocks, you speak of, to also have had a strong pull back, in what should have been an excellent "trading" environment..
Suggests to me, that there may also have been shorting positions in trouble on those stocks.

BrainChip, is many peoples "investing World" so some may perceive that just we alone, are being onslaughted by these organisations...

The shorters trapped below 90 cents on BRN, are likely in the shit, in multiple positions in the Australian Tech market, due to stronger markets and the CHIP Act.

For the ASX to not publish us as Top Gainers on the ASX200, on at least 3 separate occasions, is not just fishy, it is a fish!

As is their reply to a shareholder query, of it...
"Duh? We don't know.. Is BRN even in the ASX200? We'll check.."

It would be more than a little interesting, to see if some of these other companies, had similar ASX amnesic episodes, as to their inclusion, in the ASX200...[/QOUTE]


The question I’m asking myself is why wasn’t the company itself onto the ASX? …they should be all over that, it should Not take the forum to pick that up

Or doesn’t it matter

The question I'm asking myself is, why wasn't the company itself onto the ASX?... they should be all over that & it should not take the forum to pick that up & also followup

Or doesn't it matter? …….. appears not

PS But please bring on the excuses, I’m all ears

 

[Fastback6666]

"Yesterday SP trading for BRN followed along the same sharp pull back that some other key tech stocks sufferred with as well and these were typically the stocks that have had a run of 50% to 200% gain in the last month. That is a great run"

For these other key tech stocks, you speak of, to also have had a strong pull back, in what should have been an excellent "trading" environment..
Suggests to me, that there may also have been shorting positions in trouble on those stocks.

BrainChip, is many peoples "investing World" so some may perceive that just we alone, are being onslaughted by these organisations...

The shorters trapped below 90 cents on BRN, are likely in the shit, in multiple positions in the Australian Tech market, due to stronger markets and the CHIP Act.

For the ASX to not publish us as Top Gainers on the ASX200, on at least 3 separate occasions, is not just fishy, it is a fish!

As is their reply to a shareholder query, of it.
"Duh? We don't know.. Is BRN even in the ASX200? We'll check.."

It would be more than a little interesting, to see if some of these other companies, had similar ASX amnesiac episodes, as to their inclusion, in the ASX200...

Totally agree that there are shorters trying to protect their position in these stocks, but there is always big games being played with stocks that move around in price a lot and these typically are stocks in the asx300 who are not showing a profit yet. As they are the ones the most positivity and the also the most doubt can be cast on those stocks to move the price around!

In short - there are many “players” (insto’s and others) in the market playing at their own games and all on different time scales. Some are only in for the day, others the week, others a month or others longer. Some of these are big enough to either push the price up or push the price down to suit their whim and we have to deal with this if you are a retail holder, like me we are just minnows in the insto world. Shorters will always be there and their length of stay will all be varying depending on many many elements.

Yesterday some of us knew that if we could break through $1.35/1.36 area in quite a convincing way then we had a chance to move to $1.50 but it was swatted down again.(at this point) I sort of expected it at this point base on us moving up over 50% In the last month but I was also hoping an insto investor may drive the price further but it was too much to ask on Friday. As in the end when a stock runs very hard it is easy to spook the buyers and make them sell and take their profits.

These same players are making their money on the daily and on the move up then turn it and make it on the way back down(shorting).

Obviously some shorters are in longer term and a movement up of 50% does not worry them as much...and as long as the company does not have a confirmed mass revenue changing announcement then they usually know they are fine.

Insto’s know BRN can’t announce much to the market due to NDA’s and they also know solid dollars will not flow through for 6 months or so ....so they know BRN stock can be a bit of a play thing for them in this interim period and we are along for the ride. Though their time is limited as some insto’s are probably also taking long term investing positions at this point readying for the next 3 to 6 months. I am hoping that can keep some forward momentum over the next 3 to 6 months. Yes the tech sector recovery is helping us, but we will always have sell downs on any stock if they run too hard...the spooking is easy for them.

All we can do as retail holders is hold long in your position until the confirmed bulk revenue changing announcements are made, that is when “players” in the market will have to reasses their position of shorting or investing in the growth of Brainchip.

 

[Boab]

Spent over half an hour, trying to find the post to reference, but couldn't ..

Someone who is not a regular poster, said on Friday, something to the effect of..

"Maybe this shorting attack, was a necessity, or an all out act of desperation, because the shorters had no choice!"

Well I only just thought to check and there were close to 3.3 million shorts taken out on Thursday.
That's the most I've seen, since monitoring it, the last few days.

Friday's shocker was a supreme act of desperation.

We must have been very close, to what would have been a violent short squeeze, on the 70 to 80 million shorts trapped under 90 cents.

With the big lead from US markets, it was pretty much, do or die on Friday, for the shorters.

Hold tight to your shares, don't set stop losses (which pro money can see) if you see long term value here and we can Smash this current crop of shorters!

Shorters are like predatory maggots, who prey on weak companies and weak retail.

BrainChip, is not a weak Company, so if there is weak retail, the share price, will see further weakness.

But only the share price!

Good Fortune to All Holders!

That appears to be a reasonable explanation to me.
Thanks for your thoughts DB

 

[Kachoo]

I feel your pain robsmark!!!, our SMSF took a huge hit, down just shy of $300k today on BRN, OUCH!!!!

Wow that hurts but moving up was nice. My mind set is i dont plan on selling any until we see double figures 10$ plus but my situation and time lone is different then other folk. My hit was bad too but not near yours. My take is we all need to look at the fundamentals and where it's going. If one needs to sell for funds well try to pick the best time.

For the issue of manipulation well if you cannacxumulate do it. The only issue I see is if we get bought out at a price that does not reflect true value that will be the biggest shame.

I wonder if this accumulation of shares is for the listing on the NASDQ. I mean one will need liquidity and the demand for the number of shares will be hire in the USA we all agreed that or price if listed on the NASDQ would be multi dollar already. I figure they would need these share to offer liquidity to buyers the comming back to Australia to get shares off the ASX. I really wonder if there has been an Australian stock then listed on the USA market how it was done?

I do believe that management us trying to do things in the best interest of the company and us share holders. It is frustrating I know. Time will tell.

Let's keep cool heads and investigate this.

Like some asked is there anyone to review the share holder registry ? I'm in Brisbane so I don't know if there is a place here.

 

[Kachoo]

Hey HALMAN, I'm pretty sure it was 50 million shares,, taken off of the ASX float (purchased or something, no new shares were issued) to make 1.25 million ADRs (40 shares per ADR).
The ADRs still hardly trade and there has never been more than a few thousand traded in a day.
(someone could probably easily find the figures, for how many left in the original tranche?).

The reference to Cathy, is Cathy Woods of Ark Invest.
A Very Big Tech Fund in the US.

https://ark-invest.com/

"We Invest Solely In Disruptive Innovation"
"For investors seeking long-term growth in the public markets"

Do you think we fit the bill of what they're looking for?

I have just over 8000 ADR share yeah the liquidity is low but im holding long the thing i like was they could not be used for shorting. My plan for those is to put them on the NASDQ

 

[CWP]

Prices on the different exchanges, move a little differently, but track very closely.

The NASDAQ is the largest tech index in the World (as far as I know) and it will most likely/hopefully, be a dual listing, which means the same "float" of shares (around 1.7 billion).

So if BRN shares are valued at say US$5 on the NASDAQ, they are not going to be US$2.5 on the ASX, but they may be US$4.85 or 5.15..

Listing on the NASDAQ, opens BrainChip, up to a Global investor base and it will simply be a function of supply and demand, as to what the share price will be.

More demand, same supply..

It will also mean the shares will essentially traded 24hrs a day if you put together Australia, Germany and the US.

 

[JoMo68]

Totally agree that there are shorters trying to protect their position in these stocks, but there is always big games being played with stocks that move around in price a lot and these typically are stocks in the asx300 who are not showing a profit yet. As they are the ones the most positivity and the also the most doubt can be cast on those stocks to move the price around!

In short - there are many “players” (insto’s and others) in the market playing at their own games and all on different time scales. Some are only in for the day, others the week, others a month or others longer. Some of these are big enough to either push the price up or push the price down to suit their whim and we have to deal with this if you are a retail holder, like me we are just minnows in the insto world. Shorters will always be there and their length of stay will all be varying depending on many many elements.

Yesterday some of us knew that if we could break through $1.35/1.36 area in quite a convincing way then we had a chance to move to $1.50 but it was swatted down again.(at this point) I sort of expected it at this point base on us moving up over 50% In the last month but I was also hoping an insto investor may drive the price further but it was too much to ask on Friday. As in the end when a stock runs very hard it is easy to spook the buyers and make them sell and take their profits.

These same players are making their money on the daily and on the move up then turn it and make it on the way back down(shorting).

Obviously some shorters are in longer term and a movement up of 50% does not worry them as much...and as long as the company does not have a confirmed mass revenue changing announcement then they usually know they are fine.

Insto’s know BRN can’t announce much to the market due to NDA’s and they also know solid dollars will not flow through for 6 months or so ....so they know BRN stock can be a bit of a play thing for them in this interim period and we are along for the ride. Though their time is limited as some insto’s are probably also taking long term investing positions at this point readying for the next 3 to 6 months. I am hoping that can keep some forward momentum over the next 3 to 6 months. Yes the tech sector recovery is helping us, but we will always have sell downs on any stock if they run too hard...the spooking is easy for them.

All we can do as retail holders is hold long in your position until the confirmed bulk revenue changing announcements are made, that is when “players” in the market will have to reasses their position of shorting or investing in the growth of Brainchip.

The company are building a forest, while some of us seem to be focussing on the trees. Days like yesterday aren’t nice, but if you believe in the company…

 

[TopCat]

I think I’ve possibly found another link to Untether.AI. The new Vice President of hardware engineering was previously Vice President of engineering at Sifive. Untether have been working with General Motors of late on their autonomous vehicles as well as with Precision AI with drone technology in agriculture.

Untether AI Enhances Executive Team

Untether AI, the pioneers of at-memory computation for artificial intelligence (AI) inference acceleration, today announced the appointments of Renxin Xia as...

www.businesswire.com

“The Untether AI team has grown substantially over the past 12 months, and we have expanded our leadership team to help drive our continued success”
Tweet this

“The Untether AI team has grown substantially over the past 12 months, and we have expanded our leadership team to help drive our continued success,” said Arun Iyengar, CEO, Untether AI. “With the additions of Renxin and Annette we augment our already talented team with proven leadership in hardware engineering and talent management.”

Renxin Xia
Renxin Xia is an established technology executive leading technical teams at both startups and Fortune-500 companies. Before becoming Vice President of Hardware Engineering at Untether AI, Mr. Xia served as the chief of staff to the CEO at Cadence Design Systems. In this role, he was responsible for maximizing the bandwidth and extending the effectiveness of the CEO by amplifying key strategies and messaging both internally and externally. Previously, Mr. Xia was Vice President of Engineering at SiFive Inc., where he recruited, built, and oversaw the team that delivered the world’s first 64-bit quad-core Linux-capable RISC-V SoC. Prior to SiFive, he led the development of the industry-leading Stratix 10 FPGAs at Altera.
Mr. Xia holds an MBA from UC Berkeley Haas School of Business, a MSEE from Stanford University, and a BSEE with Distinction from Stanford University. He has been awarded multiple patents related to FPGA and GPS technology.

Robert Beachler, Vice President of Product
Mr. Beachler joins Untether AI in the role of Vice President of Product. A Silicon Valley veteran and proven senior executive with industry leaders such as Altera, Xilinx, and BrainChip, he brings to the company a wealth of experience in the development and marketing of FPGAs, software tools, vision processors and artificial intelligence acceleration devices.


Analysts on Untether AI in the Marketplace


Linley Gwennap, analyst
Linley Gwennap, principal analyst with The Linley Group, told EnterpriseAIthat Untether AI’s products “are showing advantages in terms of performance per watt and overall performance against Nvidia and against some of the other startups in the market.”

In the last few months, investors have been piling money into some of the larger names in the segment, including Graphcore and SambaNova Systems, but they are also “turning to some of these smaller, newer players like Untether AI and Tenstorrent that seem to be delivering what some of these the other guys are just promising,” said Gwennap.

 

[Kachoo]

Best attack on shorts buy and hold if you can. That takes shares out of circulation and not dump then at low prices but everyone has limits to what they hold and can hold. This is not finanacle advice but sellers did come and yes there was profit taking too people see gains they sell. I'll say I did not sell any this time as I'm holding and do feel that we are close to a re evaluation of our product. There is a lot going on I guess humans are not impatient. Have a great weekend all.

 

[SharesForBrekky]

Fingers crossed about Logitech's optimism in this article:

https://www.autoevolution.com/news/tech-giant-has-fantastic-news-about-the-chip-shortage-194551.html

 

[Fastback6666]

Wow that hurts but moving up was nice. My mind set is i dont plan on selling any until we see double figures 10$ plus but my situation and time lone is different then other folk. My hit was bad too but not near yours. My take is we all need to look at the fundamentals and where it's going. If one needs to sell for funds well try to pick the best time.

For the issue of manipulation well if you cannacxumulate do it. The only issue I see is if we get bought out at a price that does not reflect true value that will be the biggest shame.

I wonder if this accumulation of shares is for the listing on the NASDQ. I mean one will need liquidity and the demand for the number of shares will be hire in the USA we all agreed that or price if listed on the NASDQ would be multi dollar already. I figure they would need these share to offer liquidity to buyers the comming back to Australia to get shares off the ASX. I really wonder if there has been an Australian stock then listed on the USA market how it was done?

I do believe that management us trying to do things in the best interest of the company and us share holders. It is frustrating I know. Time will tell.

Let's keep cool heads and investigate this.

Like some asked is there anyone to review the share holder registry ? I'm in Brisbane so I don't know if there is a place here.

If I were Brainchip and were trying to look after investors best interests to generate a large dollar value on the Nasdaq then I would:

1. List on the Nasdaq when the tech sector was fully out of its correction and showing tech sector positivity and strength, we are not there yet. (another year or maybe two...hopefully).

2. I would want BRN to be well into profit territory. I would want to see large percentage revenue growth across around 3 to 4 quarters flowing in from various large sources and for that revenue to be showing massive revenue trajectory with high margins. Potentially even longer time frame to show that bulk revenue from bulk EV’s incorporation etc. Obviously this will need to show that BRN are well well into profit territory.

3. Ideally also want to see that Brainchip is seen with much confirmed commentary to be the known market standard for AI tech across many multiple industries and tertiary education. Best practice scenarios for the world would be the icing on the cake.

If these are met then then we would have a rerating of the company like we have never seen before.

I am very happy to wait for at least conditions 1 and 2 to be met, any sooner and I would be disappointed as that would take away some bulk value from us the investors that we know should be there.

Also any company thinking about buying Brainchip would want to see conditions 1 and 2 met as well ideally before they choose to take a leap, moving earlier to buy would place a lot more risk on their purchase. So I think we have time up our sleeve.

 

[equanimous]

NEW

This is an updated category list promoted on ARM's website.

Question for you all to ponder.

What is a small percentage worth to Brainchip in each of these categories.

With the current energy crisis and Akida able to reduce energy efficiency up to 10x wouldnt think every company is obliged to take the Akida pill!

BrainChip

Ubiquitous, distributed AI.<br/>Close to the sensor.<br/>Inspired by the human brain. <br/>

www.arm.com

 

[Foxdog]

Totally agree that there are shorters trying to protect their position in these stocks, but there is always big games being played with stocks that move around in price a lot and these typically are stocks in the asx300 who are not showing a profit yet. As they are the ones the most positivity and the also the most doubt can be cast on those stocks to move the price around!

In short - there are many “players” (insto’s and others) in the market playing at their own games and all on different time scales. Some are only in for the day, others the week, others a month or others longer. Some of these are big enough to either push the price up or push the price down to suit their whim and we have to deal with this if you are a retail holder, like me we are just minnows in the insto world. Shorters will always be there and their length of stay will all be varying depending on many many elements.

Yesterday some of us knew that if we could break through $1.35/1.36 area in quite a convincing way then we had a chance to move to $1.50 but it was swatted down again.(at this point) I sort of expected it at this point base on us moving up over 50% In the last month but I was also hoping an insto investor may drive the price further but it was too much to ask on Friday. As in the end when a stock runs very hard it is easy to spook the buyers and make them sell and take their profits.

These same players are making their money on the daily and on the move up then turn it and make it on the way back down(shorting).

Obviously some shorters are in longer term and a movement up of 50% does not worry them as much...and as long as the company does not have a confirmed mass revenue changing announcement then they usually know they are fine.

Insto’s know BRN can’t announce much to the market due to NDA’s and they also know solid dollars will not flow through for 6 months or so ....so they know BRN stock can be a bit of a play thing for them in this interim period and we are along for the ride. Though their time is limited as some insto’s are probably also taking long term investing positions at this point readying for the next 3 to 6 months. I am hoping that can keep some forward momentum over the next 3 to 6 months. Yes the tech sector recovery is helping us, but we will always have sell downs on any stock if they run too hard...the spooking is easy for them.

All we can do as retail holders is hold long in your position until the confirmed bulk revenue changing announcements are made, that is when “players” in the market will have to reasses their position of shorting or investing in the growth of Brainchip.

 

[Ahboy]

The irony to shorting is that for the shares that are loaned out, if the long position is to be close one would think the borrower would also need to return the loan shares in order for it to be sold.

 

[Home101]

Hey HALMAN, I'm pretty sure it was 50 million shares,, taken off of the ASX float (purchased or something, no new shares were issued) to make 1.25 million ADRs (40 shares per ADR).
The ADRs still hardly trade and there has never been more than a few thousand traded in a day.
(someone could probably easily find the figures, for how many left in the original tranche?).

The reference to Cathy, is Cathy Woods of Ark Invest.
A Very Big Tech Fund in the US.

https://ark-invest.com/

"We Invest Solely In Disruptive Innovation"
"For investors seeking long-term growth in the public markets"

Do you think we fit the bill of what they're looking for?

But lately, ARK has been in a bit of ruins, a lot of bad investment choices.

 

[thelittleshort]

Info

#artificialintelligence #neuromorphic #neuralnetworks | Intel Labs

As neuromorphic computing continues to grow, several approaches to its trajectory and development have come up. A panel of experts sat down at the Embedded Vision Summit to discuss the various mindsets, with input from Perceive’s Steve Teig, Opteran’s James Marshall, Professor Ryad Benosman, and...

www.linkedin.com

 

[thelittleshort]

@Diogenese

This new on-chip optical processor is capable of detecting similarities in datasets up to 1,000 times faster than conventional machine learning algorithms running on electronic processors. | Edge Impulse (a Qualcomm company)

This new on-chip optical processor is capable of detecting similarities in datasets up to 1,000 times faster than conventional machine learning algorithms running on electronic processors.

www.linkedin.com

 

[Stable Genius]

Hi all,

I was disappointed yesterday.

Especially when reading the constant whining and some of the insults on this Forum.



I choose to maintain a positive healthy frame of mind and I take control of my surroundings to make sure it stays that way.

I’ve recently started ignoring some people as its exhausting reading their negativity.



Obviously I don’t want to be in a room full of confirmation bias either.

Honest, robust discussion about the company is preferred; and we don’t all have to agree on everything to get along.

Different points of view are appreciated. But let’s lose the insults please.



The share price is always going to look like a heart rate ecg; preferably on an incline.

We all know price will go up… and down.

Yesterday hurt all long term holders but it has no consequences on the success of the company.



In my opinion we have hired brilliant, qualified people to manage the company. They are highly skilled in their fields.

We’re all armchair experts; however these people actually have the skill set, experience, ambition and determination necessary to steer our company to success.

We’ve heard them all speak. It would be disrespectful to suggest they’re all not passionate and working hard for the success of this company!

We know the company has the top of class, first to market neuromorphic processor.

We know there is a growing market for the product.

We know we are in the early stages of commercialisation.

I am confident we are de-risked so over the long term the company should become profitable which will make the SP grow.

We already have some massive partners who are going to help grow the company:
Arm, SiFive, Edge Impulse, NVISO, PROPHESEE

We have awesome customers including Mercedes, NASA and VALEO, RENESAS.

If, as we suspect Akida is to be used in Valeo’s Scala III Lidar then all we have to do is wait for it to be released in 2024 and the price will skyrocket. I would not want to be listed on the NASDAQ until then. I want to enter the NASDAQ as a winning company with strong revenue in great demand!

I read somewhere recently there are up to 70 sensors on a new vehicle: that is a massive market potential of which we are in the box seat!

We all should by now understand the importance, both morally, commercially and legally why BRAINCHIP adheres to NDA’s. Success of the company is linked to it. I’m not sure why as shareholders we would want to undermine the company’s strategy which could damage our reputation and impede customer enablement.

In my opinion there are plenty of reasons there to feel secure with your investment.
If you want to feel more confident have a look at Bacon Lover’s Iceberg.
Read all the research UIUX has kindly put forward; it’s awesome.
Review some of FF great posts.

So much work has unselfishly been done by many others on the forum to enable us shareholders to learn about the company. All we have to do is take the time to read it!

I have read their research and logical statements; and I am extremely confident of where we are headed.

Please next week can we discuss and follow the Company, not the fluctuating share price!

Enjoy the weekend good people!