BRN Discussion Ongoing

[Damo4]

Difficult not to get excited, it's been a while. Reminds me of the good old days back in 2015.

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We eating good tonight

 

[Mccabe84]

Shorts covering ?

 

[buena suerte :-)]

Shorts covering ?

Not seen this Buy/Sell ratio for a loooooong time!!

 

[Labsy]

What is going on??? Is someone snapping up shares or are shorts closing?? perhaps both?...

 

[mrgds]

What is going on??? Is someone snapping up shares or are shorts closing?? perhaps both?...

 

[wilzy123]

What could they possibly have told potential investors

Most likely what we all, already know. All it takes is for someone new to see the capabilities, vision, and existing market validation of this product, and then momentum builds. That's the whole point of doing investor presentations.

But you knew that, didn't you......................

 

[mrgds]

Most likely what we all, already know. All it takes is for someone new to see the capabilities, vision, and existing market validation of this product, and then momentum builds. That's the whole point of doing investor presentations.

But you knew that, didn't you......................

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Ill agree @wilzy123 , ............... "what WE already know" and i'll add, what many "deep pockets already know or are just starting to realize"

It sucks how the market can be so heavily manipulated, but as we all know, ................PANTENE

 

[Labsy]

View attachment 49050

Wouldn't that be a dream...

 

[Esq.111]

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Or maybe...

 

[manny100]

I wonder what they presented to the potential investors given we haven't landed any new IP deals, new revenue, and there was almost 0 market sensitive annoucements other than new product releases and financial statements...

I hardly doubt investors will naively believe that our tech is amazing when there is absolutely nothing that backs that statement up financially...

Given MegaChips took a massice stake in Morse Micro, I wonder if that door is also open for us...

Looks like you may have been a little, err heaps off the mark. Today at least.
But yes todays action is a welcome surprise.

 

[buena suerte :-)]

Looks like you may have been a little, err heaps off the mark. Today at least.
But yes todays action is a welcome surprise.

 

[Fastback6666]

What is going on??? Is someone snapping up shares or are shorts closing?? perhaps both?...

If you following Share Price charting - a technical BUY was also issued on BRN stock yesterday - as the stock had been steadily moving up and confirmation of some buying support was there. That is part of what today is, the other part is we were mass oversold and mass selling had been primarily complete for a while and simply time to move back up with tech sector sentiment improving in the last week.

Honestly Instos could only hold the price down below .20 for so long as that was stupid cheap... you could see the instos buy and sell walls holding the price down below .20 on the daily - it of course will continue as have no doubt that there is mass accumulation occurring down here at these levels by instos grinding and keeping the price down here as long as they can while they grind away at any buys they can get!

The move has nothing to do with company news.

Simply the tech sector recovery has finally made its way to BRN.

What Brainchip management need to take advantage of here is release some damn good revenue associated news along with this recovery then watch the

 

[DingoBorat]

Those that have sold shares the last few days and just got their Optus internet connection back..

But yeah, what's going on today ..

 

[Damo4]

Those that have sold shares the last few days and just got their Optus internet connection back..

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But yeah, what's going on today ..

Hopefully we can follow in South Korea's footsteps.
Shorters can eat an honest **** imo

 

[Galaxycar]

For those watching the sell side there is a 1080000 trade that keeps on changing from 23.5 to 24 to now $0.25 someone is propping the sell side by 1million shares and pulling or selling to themselves at the last minute.

 

[Cgc516]

why there is no speed ticket today?

 

[Fastback6666]

I love the refresh button today - so entertaining.

Now what's going to happen at close - new day high or profit takers sell....hmmmm

Notice the instos already have their sell wall set at .24 to slow the rise and hold it down.

 

[Cgc516]

Because of the Optus? Now we know what to do ?

 

[Mugen74]

Because of the Optus? Now we know what to do ?

Try and make Optus fail more often?

 

[Cgc516]

Try and make Optus fail more often?

Optus is the biggest shorter to us !