BRN Discussion Ongoing

[Dougie54]

up 20.5 %

Yep it will come.

 

[inston]

Insightful morning at least.

 

[manny100]

Its broken the previous high of 22.5 cents so it may carve its way through resistance and target that gap at 44.5 cents from Feb'24. Its wait and see.
I would prefer an orderly rise in the SP.
If we see a few huge days up on no news, huge volume where the low gaps above the top Boll band on one, two and/or more then it's starting to look like an unsustainable traders rally. Hindsight will be the only truly reliable indicator.
In any case when we get good news there is plenty of room to long term move as the 'ordinary' AD indicator is at historical lows. It will start moving up if this buying continues. Its over a bill shares in the Red.
We have not seen a bullish AD according to Incredible Charts since 2016/17. It was even bearish when the $2.34 high was hit. DYOR. Its wait and see.

 

[DingoBorat]

Okay..
Who sold all their shares today?

Gotta be someone crying in here..

 

[HopalongPetrovski]

Line wipe 25 cents at the auction and a couple of fat juicy contracts announced tomorrow morning at 0830.
Please.........pretty please.

 

[buena suerte :-)]

Line wipe 25 cents at the auction and a couple of fat juicy contracts announced tomorrow morning at 0830.
Please.........pretty please.

Thinking the same...Huge volume before close

 

[TECH]

Well, well.......does some(body) (thing) (it) know somethings about to go down or has some(one) been talking
at Nintendo...

My guess is the institutions have a time frame and the shorts are about to feel what real pressure feels like, come on
Sean, you are now in my sights to deliver, January 2025 is rapidly approaching...

And, yes Dingo...I sold 4,500 on the opening at 0.195 to pay a bill...sure enough she "spikes" 23% plus %


Tech.

 

[buena suerte :-)]

Highest trading day since end of Feb.....

Great to see some positivity rightfully being restored to the SP and us 'Loyal holders'

Cheers

 

[Taproot]

Well, well.......does some(body) (thing) (it) know somethings about to go down or has some(one) been talking
at Nintendo...

My guess is the institutions have a time frame and the shorts are about to feel what real pressure feels like, come on
Sean, you are now in my sights to deliver, January 2025 is rapidly approaching...

And, yes Dingo...I sold 4,500 on the opening at 0.195 to pay a bill...sure enough she "spikes" 23% plus %


Tech.

Don't fret Tech, your shares are in good hands. , Thanks

 

[Fullmoonfever]

Few weeks ago from our mates **cough cough** I know...wash my mouth out.

Suggestion for tomorrows article though

To be fair though, if no f/up news tomoz then I'd expect the traders etc to flip for a quick 10-15% into maybe some early fomo on open (BRN will probs flag on some screeners this eve) and then the shorters to maybe have a little dig off the back of that given some of them may have had stops triggered today.

 

[manny100]

Well, well.......does some(body) (thing) (it) know somethings about to go down or has some(one) been talking
at Nintendo...

My guess is the institutions have a time frame and the shorts are about to feel what real pressure feels like, come on
Sean, you are now in my sights to deliver, January 2025 is rapidly approaching...

And, yes Dingo...I sold 4,500 on the opening at 0.195 to pay a bill...sure enough she "spikes" 23% plus %


Tech.

Can you please sell another 4500 every trading day for say the next year or 2.

 

[Pom down under]

No one, absolutely no one is still in the green.
A lot of people top up their positions on the way up from 75c-$1, then more on the way down from $1-50c
Stop pretending and face the real world.
Yes I am hurt by the way this has failed, but so do you and many many more.

After today

 

[DingoBorat]

Well, well.......does some(body) (thing) (it) know somethings about to go down or has some(one) been talking
at Nintendo...

My guess is the institutions have a time frame and the shorts are about to feel what real pressure feels like, come on
Sean, you are now in my sights to deliver, January 2025 is rapidly approaching...

And, yes Dingo...I sold 4,500 on the opening at 0.195 to pay a bill...sure enough she "spikes" 23% plus %


Tech.

Your 4500 shares sale, didn't cause a 20% jump Tech..

Much bigger "trades" would have transpired.

I routinely kick myself, when there's a bit of a spike, that could have been very beneficial, but the Future, just seems too damn bright here, to risk "any"..

Which is stupid really, because this is a highly speculative stock and the best way to "make money" on a highly speculative stock, is to trade it.

Technology companies like this, that are basically still pre-revenue, are valued on their "perceived" Future.

If BrainChip, were to announce tomorrow, a partnership, with a Company like NVIDIA..
What would that perceived Future look like??..

That is entirely within the realms, of a very real possibility and is what keeps my finger "off" the trigger, in spite of what I know about speculative stocks.

Those trading this, with large holdings and I suspect there are a few, will do very well, up until a point..

And then, just holding and accumulating may have proven to been, the better strategy..

 

[manny100]

Few weeks ago from our mates **cough cough** I know...wash my mouth out.

View attachment 70102

Suggestion for tomorrows article though

View attachment 70104

To be fair though, if no f/up news tomoz then I'd expect the traders etc to flip for a quick 10-15% into maybe some early fomo on open (BRN will probs flag on some screeners this eve) and then the shorters to maybe have a little dig off the back of that given some of them may have had stops triggered today.

I suspect this run may continue for a little while at least. We might see some profit taking tomorrow. FOMO. Buying in anticipation of wins from engagement closures???? - re AGM statements - Sean and Tony (chairman)

 

[CHIPS]

Bit of movement this morning.

Some? In Germany +24%. at 8:00 in the morning. What happened at the weekend?

 

[Xray1]

Some? In Germany +26%. at 8:00 in the morning. What happened at the weekend?

The US market closed on a HIGH on friday. ,,,,,, So Aust" market was set for a run up today.

 

[Newk R]

Well, well.......does some(body) (thing) (it) know somethings about to go down or has some(one) been talking
at Nintendo...

My guess is the institutions have a time frame and the shorts are about to feel what real pressure feels like, come on
Sean, you are now in my sights to deliver, January 2025 is rapidly approaching...

And, yes Dingo...I sold 4,500 on the opening at 0.195 to pay a bill...sure enough she "spikes" 23% plus %


Tech.

My wife asked me to buy a package at $0.17 to trade on days like today. She demanded I sell today, but I couldn't bare to part with them. The fallout from that was as you would expect so I reluctantly traded half of them.

 

[Fullmoonfever]

My wife asked me to buy a package at $0.17 to trade on days like today. She demanded I sell today, but I couldn't bare to part with them. The fallout from that was as you would expect so I reluctantly traded half of them.

At least you compromised...what do they say....happy wife happy life.

Better that than the alternative

 

[DingoBorat]

The US market closed on a HIGH on friday. ,,,,,, So Aust" market was set for a run up today.

US markets were mixed on Friday, Dow up a little, Nasdaq down a little, so what happened today, has nothing to do with "the market" in my opinion..

Besides, lately BRN only reacts "market wise" to big drops in the US markets.
If they go up a lot, BRN doesn't go down "as much"..
So this isn't general "market related" type stuff, again just in my opinion.

Could be a "market mover" type thing, with a heap of shorts taken out today, a bit more of a push tomorrow and then scoop off all the cream..

Or something big, may be about to drop (no ship with as much as we have going on, is leak proof).

Ahh the joy of owning shares in something, that may or may not be, the next Really Big Thing..

 

[DingoBorat]

My wife asked me to buy a package at $0.17 to trade on days like today. She demanded I sell today, but I couldn't bare to part with them. The fallout from that was as you would expect so I reluctantly traded half of them.

Remember what FactFinder often said..

"Have a plan"

Don't cry for sticking to it.