Evermont
Stealth Mode
Hi all, a challenging period for sure.
Whilst I love a conspiracy as much as the next person it seems pretty clear to me that the price response is a natural reaction to the decrease in perceived product value. At this stage of development the market cap includes significant speculative value which is simply being eroded by an impatient and volatile market. Traders have built positions on this basis forever and will not revert until a series of events occur to shift projections. The old adage ‘if you are not bullish you’re bearish’ is very relevant here.
Let’s see what comes. Over to you BrainChip.
Cheers.
Whilst I love a conspiracy as much as the next person it seems pretty clear to me that the price response is a natural reaction to the decrease in perceived product value. At this stage of development the market cap includes significant speculative value which is simply being eroded by an impatient and volatile market. Traders have built positions on this basis forever and will not revert until a series of events occur to shift projections. The old adage ‘if you are not bullish you’re bearish’ is very relevant here.
Let’s see what comes. Over to you BrainChip.
Cheers.