BRN Discussion Ongoing

[Iseki]

Whatever, bought another 25k parcel for myself at 18.5 cents.

Why not wait until it stops dropping?

 

[Iseki]

Do you think it will be rated market sensitive by the ASX considering it is a confirmation announcement?

I think it will be rated "Surpriiiiisssse!!"

 

[DingoBorat]

Why not wait until it stops dropping?

If I had more funds available, I wouldn't be waiting..

But then, my impulsive share buying strategy hasn't benefited me thus far ..

 

[Cartagena]

Good morning @DingoBorat

Your GIF actually reminds me of the poor shareholders who have ''averaged down'' all the way to 19 cents.
Kept thinking the wind will turn and they could peacefully have a piss, but the wind turns when it turns, there is no pointing in fighting.
All they had to do, is either turn the tap off or just turn around but I guess we all have our biases when it comes to being right or wrong.

Which brings me to the point, shorters don't care being right or wrong. They are in here to make money, which as we all know, they have, in plenty. This ''battle'' is not a battle at all, it is just a punt. These shorters are not some countries where they gather to attack some middle eastern area because they found Oil.

The shorters are just punters. How?
Addressing your point #1, Well, now the SP is deteriorating they are turned around to piss, the moment the wind turns and there's a splash on their face, they will turn around to the right direction, in this case along with us and come for the ride on the long side. We would think that we have ''won'' the war, but these guys are pros with risk management in place. As your chart suggest, nearly 1.5% shares are already covered. There is a small uptick but as any chart it could be just seen as a ''relief rally''.
So even though when the SP appreciates, we may think we have ''won'' the war, those shorts are now long. Some of those will also have hedged positions, some may play the arbitrage. Sure, just like us they lose money too, but it is all a numbers game where risk management and position sizing come to play.

Addressing your point #2, I'd have thought that removal from ASX200 would reduce the number of short available for the big instos, but I am not 100% sure on this.

My theory is we are looking at the wrong picture here concentrating on shorts. We ''only'' have about 6.5% shorts here, where as some of the companies overseas have 100% or even more in US. That would create a short covering explosion.
So in comparison 6.5% is not huge.

However, once the moment management become proactive with contracts and sales, this 6.5% will surely help us a bit. As you said, with substantially low volume and unavailability of short covers.

So a few things happen at the same time when we have some substantial news from the management on ASX.

1) Shorts will cover
2) These shorts will then become Long.
3) Investors who jumped out of the ship will jump back in.
4) Investors who have never heard of us will have a look.

All these will ensure we are taken care of as evident from a couple of years ago.

I personally think we are so glued on to what shorts are doing, and how they ''manipulate'' things, well look, it is not under our control.
Management and sales team just need to do their job, and we all will be Happy as Pharrell Williams.
Management repeatedly say ''SP'' is not under their control.
Well that is a load of BS.
Every time they have announced an IP contract or something substantial, there has been SP rise. So it is under their control, to some degree. The rest is human emotions and sentiment.
Now we are here because we have not had any news through proper official channels, i.e., ASX.

As to your prediction, I'd love to see the SP in 30 cents. Hopefully a close above 33.5 cent mark. That will sure bring some interest back to Brainchip imv.

Have a great day!

Very good post. I would love for this to be a stock that I can just set and forget but unfortunately it doesn't work that way. To own Brainchip you need to be an active investor and monitor the SP movement as it will save you lots of cash if you buy lower and sell your previous higher parcels like I did at 20cents. I think 18 cents is a very good support and the buys at 18.5 have been strong today.
Yes the stock will swing up and down due to funds being greedy, accumulating tactics, shorters etc and this is the source of our headaches when we haven't had any decent ASX announcements for a while besides Patents and Share issues. It would be nice to know that after you make a large investment of 50K shares for example that the price won't be manipulated or pushed down. As you mentioned, once we hear of something major and material from management that will improve investor confidence and therefore move our share price north. After all, a lot of us don't have bottomless pockets or are on mega salaries or share perks like our management, and so we need to be actively managing our buys and sells.

 

[rgupta]

Management have nothing to do with the SP drop. Management have highly experienced backgrounds in commercialising semiconductor IP.

Donot you think the sp reflects the experience and work of management?
as one example shorters started their game approx 2 years, and they become merciless since it was 50 cents and management is coming out and telling us
a. Shorters will do what they have to do.
b. Akida 1000 was not robust enough to support the sp. ( I think that is what motley fool was saying for a year)
Yes the prices look very opportunist but a solid calm from management is not helping the holders.
How will someone invest in a company when things are going down freefalling and management is looking as spectators.

 

[BaconLover]

So where is the commercialisation?

The only question I ask myself is this;

1) IF/WHEN the management brings in contract or revenue, would the SP appreciate?


If your answer is yes, it tells you that management have direct relationship and ability to influence the share price
If your answer is no, then I am not sure why we play this game

 

[DingoBorat]

Very good post. I would love for this to be a stock that I can just set and forget but unfortunately it doesn't work that way. To own Brainchip you need to be an active investor and monitor the SP movement as it will save you lots of cash if you buy lower and sell your previous higher parcels like I did at 20cents. I think 18 cents is a very good support and the buys at 18.5 have been strong today.
Yes the stock will swing up and down due to funds being greedy, accumulating tactics, shorters etc and this is the source of our headaches when we haven't had any ASX announcements for a while besides Patents and Share issues. It would be nice to know that after you make a large investment of 50K shares for example that the price wont be manipulated or pushed down. As you mentioned once we hear of something major and material from management that will improve investor confidence and therefore move our share price north. After all, a lot of us don't have bottomless pockets and need to be actively managing our buys and sells.

 

[Xray1]

They haven't had any experience in commercializing while at BRN. Maybe that has something to do with the SP drop.

I personally would still like to know the full story as to why our Top Sales executive Mr Chris Stevens left the Co at this stage ........ IMO, it doesn't really instill any great confidence in management nor with any new engagements for our IP .

 

[Bravo]

Looks like Open AI could really use our help.

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[FlipDollar]

The only question I ask myself is this;

1) IF/WHEN the management brings in contract or revenue, would the SP appreciate?


If your answer is yes, it tells you that management have direct relationship and ability to influence the share price
If your answer is no, then I am not sure why we play this game

I agree!

The people that say management have no impact on SP will be the same people jizzing over management once the first deal is struck and the SP goes mental.

 

[Bravo]

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[Schnitzel lover]

A few quotes from video:

-“Pay close attention to it when it is murderously hated”

-“if 20c support doesn’t hold, keep your risk tight, because it could go to 12.5c quickly”

-“need to see some announcements and fundamental news to see a turnaround”

-“potential for short term 30% upside or downside from 18c” based on gaps and previous levels..

The question I have- is 17.5-18c considered murderously hated or is that at 12.5c?

Looking forward to having Sean out here to do some interviews hopefully in November.. He might need to give Dan Andrew’s a call for potential security detail if the price gets down to 12.5c

 

[Schnitzel lover]

I agree!

The people that say management have no impact on SP will be the same people jizzing over management once the first deal is struck and the SP goes mental.

Lol “jizzing”. That image might be hard to remove for the rest of the day..

 

[Esq.111]

Afternoon Chippers ,

Hold onto your hats , looking at five day charts on one min volumes , i'm expecting volume movement ether up or down shortly.

Gut feeling.

Regards,
Esq.

 

[Schnitzel lover]

I personally would still like to know the full story as to why our Top Sales executive Mr Chris Stevens left the Co at this stage ........ IMO, it doesn't really instill any great confidence in management nor with any new engagements for our IP .

Would one not think that the fact he left Brainchip speaks volumes on its own?

 

[Guzzi62]

I am very disappointed that the US management don't buy any shares and worried.

That's a very common way to show that they believe in what they do/got and are always received positively.

I hope something big is brewing as I am also in deep deep red and it's depressing looking at.

 

[rgupta]

I agree!

The people that say management have no impact on SP will be the same people jizzing over management once the first deal is struck and the SP goes mental.

A matter of fact we could not crack any commercial deal since last 3 years ( almost)
Even worst there is no commercial available product even after the launch and 1st product of akida 1000.
That is almost 3 and half years away.
Dyor

 

[HopalongPetrovski]

Perhaps the difference and the contest really is between the underlying mindsets of traders and investors rather than shorts and longs.

A trader is really only interested in the share price.
For them, the more volatility, volume and gyration the better, as these are all conditions that can be taken advantage of and instability suits their modus operandi.
They will be short or long or some hedging combination of the two and employ whatever technical and social manipulative techniques are available in order to profit from a changing share price. They live in and promote a dog eat dog world where might is right and the weak go to the wall.
As Bacon has pointed out, they will blow with the wind in order to take maximum advantage of whatever the prevailing conditions allow.
They do not give a rats arse about the product or service the company behind the ticker provides or is attempting to provide, how beneficent or puerile its influence, nor whether said company even survives.
For if it fails they will merely move on to another host.
In this regard they may be considered to be parasitic in nature.
Parasites have their place in an eco system.

An investor however is primarily interested in the health and prospects of a chosen company and the product or service it was brought into existence to provide.
The share price is but one of a number of factors considered and generally investors are prepared to engage over longer time frames.
They are looking for evolution and progress and understand that growing business's require time and favourable conditions in order to thrive.
As not all times and conditions are equally favourable and unexpected events can occur investors will tend to be more conservative with their movements in and out of companies. They will be perhaps more forgiving of errors made by management and unexpected obstacles encountered.
Their relationship to the company ranges perhaps from enthusiast to supporter to shepherd.
They too wish to extract benefit from the company, but perhaps in a more sustainable, mutually beneficial manner.

All in all I have chosen the investor mindset and whilst that has not, in the recent short term, proven the more profitable from a merely financial perspective it is supporting a world and a worldview I wish to inhabit.
Time will tell which is the wiser attitude longer term and which leads to what dominant outcome.
GLTAH

 

[Schnitzel lover]

OMG as we wrote there is a 3mill share wipe down to 17.5c

 

[Cartagena]

Afternoon Chippers ,

Hold onto your hats , looking at five day charts on one min volumes , i'm expecting volume movement ether up or down shortly.

Gut feeling.

Regards,
Esq.

Please let it be up. The Edge Impulse and Brainchip joint presentation is on today, just reminding everyone.