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

[Kachoo]

Very average. There was no reason to drop today. Clearly we will not turn this ship around without revenue and contracts.

The Gap needed to be filled lol

 

[robsmark]

What about the gap at $2? Whets that going to get filled?

 

[Wags]

What about the gap at $2? Whets that going to get filled?

anyday now hopefully bud, anyday, haha.
all this talk of no $$ this qtr, but I still blindly believe surprise payments from mega chips or renansas
anyhoo, this qtr or 2024 2025, sure as shit, with the patents and partnerships, it'll happen.

 

[Kachoo]

What about the gap at $2? Whets that going to get filled?

Well based on my research I think it less then 5 months away! Ha ha

Seems like a lot Nueromorphic products and leads point to a release end of 2023 start of 2024. The cycle of products should be out soon.

Megachips is selling Akida on there distributor.

Renesas will soon be marketing their chip.

Add the possibility of Valeo and Merc for year end and you have some exciting things going on.

 

[Kachoo]

anyday now hopefully bud, anyday, haha.
all this talk of no $$ this qtr, but I still blindly believe surprise payments from mega chips or renansas
anyhoo, this qtr or 2024 2025, sure as shit, with the patents and partnerships, it'll happen.

I'm not sure on revenue this quarter. But I do believe the price of the stock has bottomed. There are too many hawks circling to jump in below 30 cents IMO so I do not think it will drop on the quarterly. IMO.

 

[Zedjack33]

I'm not sure on revenue this quarter. But I do believe the price of the stock has bottomed. There are too many hawks circling to jump in below 30 cents IMO so I do not think it will drop on the quarterly. IMO.

Agreed. No revenue we will drop, but my bet is the last drop.

So for me, I’ve got coin ready for next quarter.

 

[Kachoo]

Agreed. No revenue we will drop, but my bet is the last drop.

So for me, I’ve got coin ready for next quarter.

I think you miss understood I don't think we will drop. You and many many are waiting on the sideline expecting the drop. This is why it's not going t o happen. The market hurts more then it gives to. This is my opinion.

I'm not trying to sway your trading plans just stating my general opinion.

Best of luck Mate!

 

[Esq.111]

Good Afternoon Chippers,

Tunes.....

Pressently listening to ... not to shabby.

Enjoy.



Regards,
Esq.

 

[gilti]

30 trades this morning of "marketable parcels" ie over $500 out of 116.
75% of all trades today have been bots dicking about with our company.
this is bollocks and should be illegal.

 

[gilti]

now 109 of 546 trades are more than $500
thats 20% so 80% of trades are now manipulation
its getting worse

 

[Damo4]

4 trades within a second, all for 1 unit each is wild

 

[Frangipani]

4 trades within a second, all for 1 unit each is wild

View attachment 41780

While I don’t want to imply there is no manipulation going on (oh, there absolutely is!), how does it make sense manipulation-wise if those single digit transactions are not moving the share price?

I would have expected a one unit transaction to move the share price from let’s say 0.375 to 0.37 or lower, possibly triggering stop losses which in turn will make it easier to drive the sp even lower with another single digit transaction. So what sense does it make to program the bots to machine-gun-fire-bid for an unchanging share price instead of incrementally lowering it? (Or boosting it - obviously this would work in both directions.)

Same thing here - the one unit transaction did not move the share price one bit.

I just can’t get my head around this. Or am I missing something?

 

[Straw]

While I don’t want to imply there is no manipulation going on (oh, there absolutely is!), how does it make sense manipulation-wise if those single digit transactions are not moving the share price?

I would have expected a one unit transaction to move the share price from let’s say 0.375 to 0.37 or lower, possibly triggering stop losses which in turn will make it easier to drive the sp even lower with another single digit transaction. So what sense does it make to program the bots to machine-gun-fire-bid for an unchanging share price instead of incrementally lowering it? (Or boosting it - obviously this would work in both directions.)

Same thing here - the one unit transaction did not move the share price one bit.

View attachment 41790

I just can’t get my head around this. Or am I missing something?

Maybe it's programmed to accumulate at a certain rate over time but to avoid being accused of manipulation be random enough to not make that much sense?
The volume stacking is what gets me. That's just blatant control. Stability when they want it and volatility when they choose it.
Though with the 3 decimal advantage they can pretty much do as they please and the market operator/regulator appears to think it's fine.
Not to mention when you put an order in and it pre-empts it by upping the price a cent.

 

[Space Cadet]

I have a little.concern about few.shot learning in Australian cars. Yesterday my work car says to me please.obey all road rules. I said shut the f%$# up. Got me to thinking if I did that in a L4 rated car in the future the conversation would go something like this.

Me: Shut the f%$# up.

Car: No you shut the f%$# up.

Me: Who's driving this f%$#ing car.

Car: Actually me, so if you don't shut the f%$# up you can walk.

SC

 

[robsmark]

@robsmark
Our resident bullshit caller outer.
Any updates on the bullshit front

Yup - I’m calling bullshit on actual price hikes vs inflation. Sick of conglomerates and banks recording record profits due to price hikes under the excuse of COVID inflation. Its bullshit.

 

[Foxdog]

@Foxdog I wonder how many people would now sell some if we got back to the 2.34 mark long-term holders I'm referring to. But certainly something of significance would have to occur to get us back there or could be a culmination of things that get us back there. So going to be a tough decision either way.

Yeah I know my plan has changed somewhat. Right now I'd happily sell all at $2.34 but if we are ever back there then the market will have woken up to BRN and it will present as a different investment. At that point I know I'll already be looking at $3.50 or $4.00 (for me life-changing numbers). In hindsight $2.34 would have been a great place to sell the first time around, but that horse has well and truly bolted.

 

[robsmark]

The order book is a disgrace. 13 trades of 3c in ten minutes at the time of writing. How do retail stand a chance turn the financial guardians like ASIC and the ASX allow institutions to run bots capable of decimating a company like this? I’m mean what plausible and justifiable response could these dogs have when asked why they have 13 trades on one company with a cash value of less than $12 total? Not a single person here could buy a single share without a fee higher than that attached to it.

I’m not saying the company is innocent here. Management are asleep at the wheel, have achieved FUCK ALL in years, have no respect for share holders clearly, keep rewarding themselves with bonus after bonus. It’s a circus. I couldn’t be more disappointed in how this has all turned out, and have no doubt that we are heading to single figures again.

 

[Foxdog]

The order book is a disgrace. 13 trades of 3c in ten minutes at the time of writing. How do retail stand a chance turn the financial guardians like ASIC and the ASX allow institutions to run bots capable of decimating a company like this? I’m mean what plausible and justifiable response could these dogs have when asked why they have 13 trades on one company with a cash value of less than $12 total? Not a single person here could buy a single share without a fee higher than that attached to it.

I’m not saying the company is innocent here. Management are asleep at the wheel, have achieved FUCK ALL in years, have no respect for share holders clearly, keep rewarding themselves with bonus after bonus. It’s a circus. I couldn’t be more disappointed in how this has all turned out, and have no doubt that we are heading to single figures again.

Man, I'm starting to mentally prepare for total significant loss if funds here. BRN with silence and delays is starting to smell a bit fishy I reckon. Fyck

 

[robsmark]

@Foxdog

I’m trying to find some positivity. We still have operating capital, so that’s positive. The chip obviously works. I am beyond disappointed outside of that.

 

[DK6161]

I wish they can spare me the daily agony and just drop this fucker to 10 cents.
I am done with this shit!