BRN 0.00% 15.5¢ brainchip holdings ltd

2020 BRN Discussion, page-12248

  1. 693 Posts.
    lightbulb Created with Sketch. 263
    I know that you care.
    Facts are this; (tell me if I’m wrong)...

    Cash flow negative company
    Made a 5 million loss within the last year
    With only 5 million left in the kitty
    One year left in existence?
    Needs a cash raise for a future project...?
    Only in phase 1 trials (a light year away from success whichever way you look at it)
    Barely any revenue
    Little R & D
    Wages are tilted to execs
    Akida approval not material
    Consensus is nothing material until at least 2021
    Recent spike based on fluff
    Tech stocks down and recession upon us

    You telling me this won’t be single digits by Xmas?
    Ask yourself how many of your spec stocks have realised success (I have a 1 in 15 hit rate)
    Trust me; BRN is a wild spec.

    Anyone who’s sitting on an average of 15 or 20 cents... surely sell to preserve profits?

    WB


 
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