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

[buena suerte :-)]

 

[Damo4]

Does anyone just think "eat shit shorters" when seeing stuff like this?

 

[buena suerte :-)]

Does anyone just think "eat shit shorters" when seeing stuff like this?

Shorters!!!

 

[Townyj]

Does anyone just think "eat shit shorters" when seeing stuff like this?

 

[buena suerte :-)]

Hey Townyj ... Wow have just seen your new avatar ..this is what I have on my keyboard and hoping this little chip will be my escape! $$$$$$$$

 

[Deleted member 118]

Shit day should have been 20%

 

[buena suerte :-)]

Shit day should have been 20%

Still might get there!!!? settle for 15%

 

[Townyj]

Hey Townyj ... Wow have just seen your new avatar ..this is what I have on my keyboard and hoping this little chip will be my escape! $$$$$$$$

View attachment 36801

Dang i didnt realise it was that small tbh... its a cute lil thang!

Had to change out Thug Sean for something new and i dont mind an escape here and there.

 

[buena suerte :-)]

Dang i didnt realise it was that small tbh... its a cute lil thang!

Had to change out Thug Sean for something new and i dont mind an escape here and there.

Yep she's pretty small on the outside but huge on the inside!... and soon hopefully will give us all large amounts of wealth $$$$$$$$$$$$

Cheers .... almost o'clock

 

[Deleted member 118]

Shorts never had any luck holding the price down today lol

 

[TasTroy77]

 

[Deleted member 118]

And it’s the shortest amount of shorts borrowed in a long time. I guess they didn’t really have to today to get the price down. The company and CEO did that on there own.

 

[charles2]

Well this most likely is a delusional nothing burger but there was a scramble near the close to buy 73k BRCHF at the offer (ask).

That is the average daily volume in the US.

So maybe, just maybe, in spite of the somewhat disappointing AGM, the lows are in. All the not so good news is out for public consumption and priced in.

And if so...........(you can fill in the blanks).

 

[Deleted member 118]

Just for reference it was a lovely short attack on Tuesday and Wednesday just after the AGM, nothing more or nothing less

 

[Deleted member 118]

And like someone mentioned before the shorts were covering just before hence the price rise. No data out for Monday yet but I guess the 3 million covered on Friday was similar to Monday

 

[Deleted member 118]

Shorters!!!





View attachment 36793

The only people that got burnt were the weak hands and coming to an easy conclusion it wasn’t retail that pumped the price is was the shorters shitting there pants, who then brought back in as soon as soon at the agm asx notes were available.

 

[charles2]

Just a point of clarification so that we all can understand trading lingo:

The shorts shorted more shares after the AGM notes were released......they didn't buy back in....commonly referred to as (short) covering. They took a larger short position which depressed the share price.

When shorts buy...they are covering (neutralizing/lessening) their short position. That pressures the share price upward.

That is what happened in the few days before the AGM.

So now they have about 120m shares to cover......when they get nervous or just decide that they have made a bundle...they will start derisking.....meaning they will start covering....buying back the shares they borrowed and then sold.

 

[Deleted member 118]

Just a point of clarification so that we all can understand trading lingo:

The shorts shorted more shares after the AGM notes were released......they didn't buy back in....commonly referred to as (short) covering. They took a larger short position which depressed the share price.

When shorts buy...they are covering (neutralizing/lessening) their short position. That pressures the share price upward.

That is what happened in the few days before the AGM.

So now they have about 120m shares to cover......when they get nervous or just decide that they have made a bundle...they will start derisking.....meaning they will start covering....buying back the shares they borrowed and then sold.

 

[Deleted member 118]

Plenty of news the weekend over the internet regarding AI. So hopefully this could push us towards the .50 mark again this week with any company news

 

[manny100]

I have been harping on about us being in a bullish set up for some time.
Shorts have been trending down since March confirming the bullish set up.
Let's hope that this continues.
No certain things in markets.