Share price movement of Brainchip, discussion, The Good The good and the good only.

[toasty]

Phew, and to think those "emerged" accounts nearly had me sell at 0.36

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Yeah, looks like the panic is over......for now..........

 

[Damo4]

Yeah, looks like the panis is over......for now..........

.

 

[toasty]

panis isn't for everyone

Edited!

 

[Deleted member 118]

Maybe a sign for a reversal from here

 

[alwaysgreen]

Phew, and to think those "emerged" accounts nearly had me sell at 0.36

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Ill take that drop as a win today.

 

[Foxdog]

Maybe a sign for a reversal from here

I think this is the most bizarre stock I've ever owned. The SP tanks on good news like the Embeddy award but shows remarkable resilience after a pretty ordinary 4C - I can't get my head around it....

 

[DerAktienDude]

I think this is the most bizarre stock I've ever owned. The SP tanks on good news like the Embeddy award but shows remarkable resilience after a pretty ordinary 4C - I can't get my head around it....

The reasoning behind the drop regarding the embeddy award is that it was introduced this year and isn't an official reward handed out from the embedded world 2023. Other companies won rewards handed out by the embedded world, but not Brainchip.
Our reward is (correct me if I'm wrong) relatively unknown, as it's a first time reward handed out by a consulting company.
I'm also a bit surprised about the share price, but it hit a resistance the last couple of days that seem to hold so far.

 

[Deadpool]

I think this is the most bizarre stock I've ever owned. The SP tanks on good news like the Embeddy award but shows remarkable resilience after a pretty ordinary 4C - I can't get my head around it....

Didn't you know mate the ASX is run similar to a puppet regime.

 

[Deadpool]

Didn't you know mate the ASX is run similar to a puppet regime.

Wait till we enter the Nasdaq.
You may feel some slight discomfort as a 2nd hand or something else is inserted.

 

[Damo4]

Seeing the SP hold up for more than 1 day is a refreshing occurence

 

[alwaysgreen]

Seeing the SP hold up for more than 1 day is a refreshing occurence

Spoke too soon....

 

[Damo4]

Spoke too soon....

I can deal with a point or two, but anymore...

 

[Schnitzel lover]

Pretty disappointing day today with no bid pre the ARM-BRN preso.

 

[Rise from the ashes]

Pretty disappointing day today with no bid pre the ARM-BRN preso.

Disappointing or opportunity
Time to make some lemonade

 

[Deleted member 118]

Pretty disappointing day today with no bid pre the ARM-BRN preso.

Hope it’s not buy on the rumour and sell on the news.

 

[Schnitzel lover]

Hope it’s not buy on the rumour and sell on the news.

Disappointing or opportunity
Time to make some lemonade

Well, it signifies that the market doesn't really care at this stage about the significance of this partnership at this point in time.
The way I see it is the market prices good news well in advance, suggesting this partnership isn't really that significant from a revenue expectation in the coming 3-6 months.

 

[Schnitzel lover]

Hope it’s not buy on the rumour and sell on the news.

Maybe its the lag effect, and in a few days it pops 100% and we get to roll our eyes and say what took you all so long to get it.

 

[Rise from the ashes]

Well, it signifies that the market doesn't really care at this stage about the significance of this partnership at this point in time.
The way I see it is the market prices good news well in advance, suggesting this partnership isn't really that significant from a revenue expectation in the coming 3-6 months.

If I waited for the market to be right over the years of investing I'd never make any dough.
Most of the time I think the market is a bit slow to catch on. Also I've enjoyed a few haircuts over the years to.

 

[Deleted member 118]

As a long term shareholder and a marketing manager in a former life I might apply for the next sales position advertised. Sounds like a pretty great job, Get paid a great wage, travel and go to all these trade shows , and you don't have to worry about closing a sale even though we are now a year into the commercialisation stage of our business.

100 plus NDA's for years, 15 EAPs for years , where is the demand for our product??

So its been 531 days since the last market sensitive announcement regarding a Sale (revenue).

Congrats to the shareholders that sold around the $2 mark, the way it is looking its going to be a long time (if ever) to reach that point again.

I've kind of lost faith in management. I think it was pretty irresponsible for management to have slides and statements last year like "its the tip of the Iceberg" or "dont miss the Bus" picture. Or the off the cuff statements like "explosion of sales at the end of 2022" etc etc

Note: I still have not sold a share in BRN, unlike some of the more prominant uprampers on here that endlessly upramp and attack any negative posts.

Looking forward to the AGM.

The upramping has gone a bit quite the last month or so and I wonder why

 

[robsmark]

As a long term shareholder and a marketing manager in a former life I might apply for the next sales position advertised. Sounds like a pretty great job, Get paid a great wage, travel and go to all these trade shows , and you don't have to worry about closing a sale even though we are now a year into the commercialisation stage of our business.

100 plus NDA's for years, 15 EAPs for years , where is the demand for our product??

So its been 531 days since the last market sensitive announcement regarding a Sale (revenue).

Congrats to the shareholders that sold around the $2 mark, the way it is looking its going to be a long time (if ever) to reach that point again.

I've kind of lost faith in management. I think it was pretty irresponsible for management to have slides and statements last year like "its the tip of the Iceberg" or "dont miss the Bus" picture. Or the off the cuff statements like "explosion of sales at the end of 2022" etc etc

Note: I still have not sold a share in BRN, unlike some of the more prominant uprampers on here that endlessly upramp and attack any negative posts.

Looking forward to the AGM.

Agree - it’s an embarrassment and statements made by management like the ones you have quoted and all but fraudulent at this stage.

If someone would have told me 18 months back that we’d currently have this SP and this little commercial engagement, I’d have laughed in their face - yet here we are.

Sean - if you’re reading this (and it’s likely you are given you’re obviously not up to much else), great job in your first engagement as a CEO. If the strategy was to drive the business into the ground then you nailed it.