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

[Schnitzel lover]

Alrighty, as a professional trader I can say this.

Maximum stop rinse below 33c to 28c area when there’s the most bloodshed fear and panic of all the stops triggered below 28-33c area.

Then price has to rise and creates some short cover at that 33c and above level, where you’d hope at that stage the Gen 2 news hits us which gives more traction and some hype, add a few more shorts covering..

Then if the company is worth it’s salt and actually has some partners lined up to sign IP deals, you get the next move which should push it to the 100%+ higher from here levels in that 60-75c zone..

If the push back to 33c proves to be resistance again and looks like failing back into the 20s again, then you’re really looking at something is really the fuck wrong with this company and I’d be bailing out at any cost.. atleast until there’s some sort of a base forming which could take time..

But it’s definitely not doomsday yet if you’re worried about the price action..

 

[DK6161]

I need to stop looking at the SP it is not doing me any good

 

[Cardpro]

Sad... to see 31c again...
New IP contract plz...

 

[Quiltman]

I've never entered the world of shorting in any detail, and hoping someone can help me with a knowledge gap here.

Brainchip does not appear on the Leveraged Short List Acceptable Investments List.

https://www.leveraged.com.au/siteas...ed-short-plus-acceptable-investments-list.pdf

Is it because of a likely ASX rerate at the end of the week, or indicative of high risk, or something else.

 

[Rise from the ashes]

I've never entered the world of shorting in any detail, and hoping someone can help me with a knowledge gap here.

Brainchip does not appear on the Leveraged Short List Acceptable Investments List.

https://www.leveraged.com.au/siteas...ed-short-plus-acceptable-investments-list.pdf

Is it because of a likely ASX rerate at the end of the week, or indicative of high risk, or something else.

Not sure about shorting gig.
But hopefully this link can lead you somewhere.

How To Short A Stock In Australia: (ASX) Short Selling Explained | Study in Australia • OzStudies

Learn how to short-sell a stock on ASX in Australia, including how it works. Discover the best short-selling brokers, what short selling is, how to start as a beginner, how much money you need, and more.

www.ozstudies.com

 

[Foxdog]

Release of Gen2 should be this week sometime, perhaps tomorrow? That might keep the SP steady to some extent. Then if Merc discloses use of AKIDA during their deep dive on the new EV at the Munich motor show the following week then we might get some traction. From the press release it looks like we're in it so fingers crossed we finally get some good news here.

 

[Esq.111]

Morning Chippers ,

Article on NVIDIA, Bonds etc etc.

Regards,
Esq.

 

[Quiltman]

Release of Gen2 should be this week sometime, perhaps tomorrow? That might keep the SP steady to some extent. Then if Merc discloses use of AKIDA during their deep dive on the new EV at the Munich motor show the following week then we might get some traction. From the press release it looks like we're in it so fingers crossed we finally get some good news here.

And is there an actual chance we will drop back to the asx300 on Friday - announced. That then leaves 3 weeks for any adjustments before it actually happens . I assume shorters will pick up shares from institutions unloading due to asx 200 reset, but it wouldn’t be to bad to be out of the 200 if we get a run of good news into December & have some shorting pressure removed.

 

[Rise from the ashes]

Morning Chippers ,

Article on NVIDIA, Bonds etc etc.

Regards,
Esq.

Nvidia ipo was 12 Bob per share back in 99 not sure about stock split etc.
One day mate one day
Thanks for the article and the highlighting.
I can't help but think we will a powerhouse one day just a little mystified why we are were we are currently. And that's mystifying is probably due to being in an area of a brand new technology and my lack of understanding what it takes to get this to penetrate the industry.

 

[Rise from the ashes]

Also @Esq.111 Sean reminds me of a someone from a show I used to watch many years ago, just can't quite put my finger on it

 

[Foxdog]

Nvidia ipo was 12 Bob per share back in 99 not sure about stock split etc.
One day mate one day
Thanks for the article and the highlighting.
I can't help but think we will a powerhouse one day just a little mystified why we are were we are currently. And that's mystifying is probably due to being in an area of a brand new technology and my lack of understanding what it takes to get this to penetrate the industry.

It actually helps to listen to Antonio in the 2nd part of the podcast. He's given me a bit of perspective, particularly in relation to the SP.

 

[Rise from the ashes]

It actually helps to listen to Antonio in the 2nd part of the podcast. He's given me a bit of perspective, particularly in relation to the SP.

Thanks mate. I'll have a listen to the podcast. Haven't been bothered to listen to any of the vids brn have put out for sometime.
You've given me the nudge I needed.

 

[Foxdog]

Thanks mate. I'll have a listen to the podcast. Haven't been bothered to listen to any of the vids brn have put out for sometime.
You've given me the nudge I needed.

I'm interested to see what you think of it.

 

[robsmark]

Also @Esq.111 Sean reminds me of a someone from a show I used to watch many years ago, just can't quite put my finger on it

“Hehehheheheheheehheheh… dumbass!”

 

[gilti]

long time to stay positive Tech

this was after official validation of milestone 2
the creation of hardware only snap
almost 8 years and the same valuation
to say I am pissed off would be an understatement

 

[robsmark]

long time to stay positive Tech

this was after official validation of milestone 2
the creation of hardware only snap
almost 8 years and the same valuation
to say I am pissed off would be an understatement
View attachment 43166

So the question is - was we overvalued back then, or are we undervalued now?

I first invested in this company 4 years back when the SP was about 5c, and back then it was nothing more than a concept:

- No patents;
- No product;
- No international presence;
- Small team;
- Very few mentions in the scientific community; and
- No customers.

Now the landscape is completely different:

- 2 (soon to be 3) validated product offerings;
- A large number of international patents;
- Offices and teams in 4 countries;
- Consistent mentions in articles;
- 2 customers;
- A mature evaluation program with “a dozen or so Tier 1 companies”;
- A much healthier bank balance; and
- (most importantly in my eyes) the world has succumbed to AI being a highly important next step in technology.

There’s is no question that progress has been made by the company - but the SP remains the same.

8 years ago at the time the SP was the same as it is now, the company was exciting and had so much potential in the eyes of investors, but now it seems that excitement has diminished. Retail investors are fickle and their attitudes can change in a second. Institutional investors are dogs and will pack hunt public consensus exploit the narrative to its last breath. I believe that’s what we are seeing here, a tired view from retail, getting bored of waiting, and institutions pushing that to the extreme by shorting. They don’t give a damn what the company is doing and likely have no idea, they see a chart, and set their bots up accordingly. It’s bullshit, it stifles growth, it is manipulating a SP, it should be illegal, but it won’t change - it is what it is.

I don’t think that the tech has failed, and have never publicly stated so - Akida demos are amazing, and when I first showed my wife the original Akida Image Recognition videos she didn’t believe it - for context she manages innovation programs at a university. One shot learning on its own is absolutely amazing, nevermind the other unique abilities that Akida offers.

I think the hype has failed, but I think that hype can return. A couple of big customer announcements and I think were off the the races again.

I fail to believe that such an awesome tech with seemingly infinite usecases will have zero adoption. Especially when we know that so many companies (Ford, Mercedes, Valeo, NASA, etc.) are fully aware of it.

We are young, and clearly still in the pre-revenue stage. Not many (I can’t think of any) other ASX companies have tried what we are attempting (an offering to be implemented by other companies into their products) and as such our revenue model is nothing like anyone before us on the ASX - who knows, perhaps these timeframes are normal by industry standard, has anyone performed analysis against similar US companies to determine what their product to revenue timeframes where? I haven’t, and I don’t remember seeing it on either of the forums.

It’s up to management now, and Antonio is the one that I believe is our best shot of getting us there.

 

[Rise from the ashes]

"So the question is - was we overvalued back then, or are we undervalued now?"

I first invested in this company 4 years back when the SP was about 5c, and back then it was nothing more than a concept:

- No patents;
- No product;
- No international presence;
- Small team;
- Very few mentions in the scientific community; and
- No customers.

Now the landscape is completely different:

- 2 (soon to be 3) validated product offerings;
- A large number of international patents;
- Offices and teams in 4 countries;
- Consistent mentions in articles;
- 2 customers;
- A mature evaluation program with “a dozen or so Tier 1 companies;
- A much healthier bank balance; and
- (most importantly in my eyes) the world has succumbed to AI being a highly important next step in technology.

There’s is no question that progress has been made by the company - but the SP remains the same.

8 years ago at the time the SP was the same as it is now, the company was exciting and had so much potential in the eyes of investors, but now it seems that excitement has diminished. Retail investors are fickle and their attitudes can change in a second. Institutional investors are dogs and will pack hunt public consensus exploit the narrative to its last breath. I believe that’s what we are seeing here, a tired view from retail, getting bored of waiting, and institutions pushing that to the extreme by shorting. They don’t give a damn what the company is doing and likely have no idea, they see a chart, and set their bots up accordingly. It’s bullshit, it stifles growth, it is manipulating a SP, it should be illegal, but it won’t change but it is what it is.

I don’t think that the tech has failed, and have never publicly stated so - Akida demos are amazing, and when I first showed my wife the original Akida Image Recognition videos she didn’t believe it - for context she manages innovation programs at a university. One shot learning on its own is absolutely amazing, nevermind the other unique abilities that Akida offers.

I think the hype has failed, but I think that hype can return. A couple of big customer announcements and I think were off the the races again.

I fail to believe that such an awesome tech with seemingly infinite usecases will have zero adoption. Especially when we know that so many companies (Ford, Mercedes, Valeo, NASA, etc.) are fully aware of it.

It’s up to management now, and Antonio is the one that I believe is our best shot of getting us there.

"So the question is - was we overvalued back then, or are we undervalued now?""
Not that I'm making any point whatsoever.
The company back then at that price
Would equate to around 80 odd million market cap.
And yes it blows .
Quoted securities on issue around that time.
And just so you know.
By golly gee joy joy joy

 

[robsmark]

"So the question is - was we overvalued back then, or are we undervalued now?""
Not that I'm making any point whatsoever.
The company back then at that price
Would equate to around 80 odd million market cap.
And yes it blows .
Quoted securities on issue around that time.
And just so you know.
By golly gee joy joy joy

I very good point raised Rise.

 

[Rise from the ashes]

Excuse the calls and notifications banner done side button screenshot

 

[Rise from the ashes]

I very good point raised Rise.

Your positivity is freaking me out.