TheFunkMachine
seeds have the potential to become trees.
A bit of silliness to lighten up the
It sounds like a lot of punters on here are long term holders and are still doing very well despite the downturn in SP. I am genuinely stoked for you all (and jealous if I am dead honest!)
So when you start to get all gloomy on it, spare a thought for my "friend" who only fomoed into the BrainChip party in January 2022 and bought his third and final tranche on the 13th at $2.13 ffs - oh the humanity
The poor guy can no longer make eye contact with his wife
However, there will be announcements and they are going to be glorious
The world will return to normal and the SP will skyrocket to unfathomable heights
BrainChip is a bloody winner and my mate cannot wait to buy his missus a new Mercedes EQXX to rub it in her face
Akida Ballista!
I understand the frustration and it is easy to get attached to a certain level when we see our bank account stack up. Trust me I share the pain with you, but I think it is important to understand that this downturn is not a reflection of the company nor it is reflecting it’s true current value or it’s future value in any regard. I pwrsonllly am baffled that we are below $1 again and never thought we would see it again, yet here we are. I wish I had more spare cash to top up.I have been purchasing BRN for 2 years now. I was there when we went from 36 cents to 97 cents and then back down. I honestly thought we would hold $1. I will be honest, I am not happy. However, I am a long term holder and I believe we will be doing well by 2025. You really need to ask yourself why you purchased this stock. If you are truely not happy and have had a loss, you have the options to sell, or purchase more at a lower price to average down or just hold. If Mercedes actually implements this in their vehicles our price will surely rocket who knows (no one knows). Up to anyone to hold or sell. I just wanted to put this out here as many of us are not happy with the general market performance (due to recent inflation and war scares) plus most our our most important holdings BRN going down this significantly. Honestly send an email out to investor relations and ask if you are super worried as it is your right.
No financial advice dyor
Also a reminder: the Nasdaq is down over 20% from peak, individual stocks that have much more saturated market then Brainchip are down up to 90%
Alibaba- %75
CRSP- %75
Fiver- %82
Square- %70
PayPal- %70
Pins- %75
Netflix- %50
Roku- %78
Tesla - %44 has recovered a bit
TSMC- %30
Qualcomm- %28
Intel - %35
Nvidea- %35
Z1P- %90
ARKK- %65
ASML- %33
Just to name a few that are suffering atm.
As much as this hurt it is important to recognise that this is market sentiment not Brainchip sentiment. When people are scared buy, when people are greedy sell.
Just my Opinion , and hopefully we find the bottom soon.