BRN Discussion Ongoing

[skutza]

So according to Shortman on Dec 5th there were 27.2 Million shares being shorted. As of Dec 7th there were 64 Million shares being shorted. The SP on this day Avg 18c. If you borrowed 2 Million at 18c $360k. If you hadn't covered yet and you have to do it by close today then it would cost you just over $1 Million. What a shame that would be huh?

Oh sorry, plus fee

 

[McHale]

I agree, there are several reasons, there may have been many on the sidelines already, for various things, but I still think the Intel event, stands out, as the obvious catalyst, given that yesterday, was such a big day.

As you say, nothing ever goes up in a straight line (or angle to the right) except those companies, with charts that do exactly that.

This is International demand, of a type we haven't seen before.

The Mercedes thing, doesn't even come close..

People trading or "trying" to trade, fair enough, the temptation is great, with so much money to be made.

People selling, because they think we have hit a ceiling, or something like that?...

I think they have rocks in their heads..

Some Company follow through, would be nice and is coming, but there are still mountains of developments "already" in the arena, which we all know about, but the World is still digesting...

That the Company, doesn't "need" to shove another spoonful, down the collective World's mouth, for some time yet.

Yep, BCHPY is doing unprecedented volume (not that it has ever done that much before) and looks to be doing more than what it did during the Merc melt up, BRCHF is following BRN up but the volume is more subdued than early 2022.

Germany looks to be all over it, there will be a retrace at some point, Nvidia announced massive profits on Wed night (US time) so I figure many things AI got a boost from that too, and last night (Thurs US time) had the Nasdaq push up close to all time highs. More stimulus there again.

So there has been a confluence of "news" stimulating certain AI stocks, it is very nice to see that our Aussie battler has copped a bit of love, and as you say the world is digesting, in the meantime 44c could be a retrace target when that happens, and after that plenty more upward potential.

It would be very nice to close the week above 50c, there is a battle there right now.

 

[HopalongPetrovski]

Closing their accounts for the day/week

Yes, the day traders fear the weekends like vampires fear the light.
Watch 'em scurry away back under the fridge with their booty.

 

[Pom down under]

Yep, BCHPY is doing unprecedented volume (not that it has ever done that much before) and looks to be doing more than what it did during the Merc melt up, BRCHF is following BRN up but the volume is more subdued than early 2022.

Germany looks to be all over it, there will be a retrace at some point, Nvidia announced massive profits on Wed night (US time) so I figure many things AI got a boost from that too, and last night (Thurs US time) had the Nasdaq push up close to all time highs. More stimulus there again.

So there has been a confluence of "news" stimulating certain AI stocks, it is very nice to see that our Aussie battler has copped a bit of love, and as you say the world is digesting, in the meantime 44c could be a retrace target when that happens, and after that plenty more upward potential.

It would be very nice to close the week above 50c, there is a battle there right now.

With the quarterly due next week and anything over $1 million in sales will hurt those shorters where the sun don’t shine, but as I’m a nice person

 

[7für7]

At least we will close Green over 44… let’s see what next week brings

 

[Pom down under]

Anyway I found my new pad today after this weeks price action as the other place was to far away from the sea.

 

[HopalongPetrovski]

With the quarterly due next week and anything over $1 million in sales will hurt those shorters where the sun don’t shine, but as I’m a nice person

View attachment 57701

My niece has got weird thumbs like that.
Some sort of throwback to cro magnon genes I'd guess.

 

[buena suerte :-)]

Thanks Boab...

 

[DingoBorat]

 

[mrgds]

 

[buena suerte :-)]

View attachment 57706

Well what a great week Chippers....Nice to be 'On the mend'.....finally!! And seeing our portfolios given a much needed 'Booom"

Have a great weekend all...More of the same next week please

Cheers from me and Ken

My good luck charm..Ready for our escape!!!

 

[7für7]

The weekends getting longer and longer… chippers, brainchip makes us live longer! it’s a plus in any case to be invested in braini…Have a nice WE everyone

 

[Pom down under]

Those Germans are sure hungry lol

 

[SebThatGermanChap]

Buying up for OS markets?

 

[Pom down under]

Took the fools long enough

The Brainchip share price is up 213% this month. Is Nvidia to blame?

The small cap Aussie tech stock is going bananas in 2024. What's happening with the Brainchip share price?

www.fool.com.au

 

[7für7]

Took the fools long enough

The Brainchip share price is up 213% this month. Is Nvidia to blame?

The small cap Aussie tech stock is going bananas in 2024. What's happening with the Brainchip share price?

www.fool.com.au

Cockroaches licking to taste the chocolate before someone smash them several times with a shoe.. because 1 time is not enough

 

[Pom down under]

Been a very long time since our technicals have looked so good.

 

[Vladsblood]

I totally agree...any wall is just being wiped, whomever doesn't appear to give a s#$@ about the ASX and their pathetic speeding ticket/s
rules, this appears, as many have suggested, a big foreign player/s who know the massive potential of this little Australian founded company.

My gut tells me it's an American buyer, for what it's worth, we shall see soon enough.

Cheers....Tech.

Greetings from Vlad over in Moscow and Xi in Shanghai lol

 

[buena suerte :-)]

Those Germans are sure hungry lol


View attachment 57710

 

[TopCat]

I didn’t know these two were partners… probably good for us

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