Seconds apart!beat me to it![]()
Well the shorters have had a good run with BrainChip.
Tell me when he says it will be a tea pot..I’m not a friend of chart analysis. Especially when it comes to penny stocks. But a user (called ybs) in the German forum who is very good In charts, just said that in his opinion, a possible cup&handle formation could be activated right now.
That looks like FOMO concentrate.View attachment 56610
Best ratio we have seen for some time
The last time we hit 0.25 was September 2023!!!! ...
Morning TheDrooben ,
Just need some one to dump a $10 to $20 mill buy order straight onto the market , At market.
Wipe the lot and most if not all of the hidden orders.
Would / Will be rather exciting to watch.
.
Regards,
Esq.
Glad I never got up to watch it COYIWhilst your down there pom, see if you can find that Defence, sorry couldn't help myself, but you must have known it was coming. LOL
There is only just over 4% short interest against BRN, or just under 80 million shares.
hopefully they have less money at the moment to do this.There is only just over 4% short interest against BRN, or just under 80 million shares.
In the past year, they have always just taken out a big mallet and just smashed little "uprisings" like this back down.
They will likely do it again, with 4 to 10 million fresh borrowed stock, over the next day or two.
They are creatures of habit and not just shorting BRN, but 100s of other companies.
Their algorithmic programs, may just do it automatically (most likely).
I believe that's how they get burnt, when there is genuine strong demand, for a Company's stock.
Let's see how they fare, this time.
Doesn't cost a lot to borrow shares..hopefully they have less money at the moment to do this.
sorry i meant resurrectionGot to love a reserection.