Ok so here’s something to ruin your Sunday.
I’ve been forwarded over a podcast by another shareholder called “The Call” and i think it may be the number one investing podcast in the country, happy to be corrected but there’s a gentleman by the name of Guarav Sodhi, who is a so called professional investor, these are his comments on Brainchip, be prepared to be rightly angry. This podcast was from June 2021,
He tells his colleague,
” I don’t know why you’re investing in this yourself, I have no problem in speculation, I quite like speculation, we’ve had two very good speculative from the show, Brainchip is not speculation, it’s STUPIDITY, and you can still make money on dumb decisions, but just realise that that’s what you’re doing, there’s no intelligent speculation here I don’t think, you’re paying $875 million for a business with no real product, no revenue, founders selling plenty of stock, some of the competition have hundreds of billions of dollars of resources at their disposal, and this has become a MEME STOCK, I think your odds of losing money here are 90% plus”
Here’s the link and listen from 45 minutes onwards-
https://podcast.app/if-it-works-i-think-chl-is-a-potential-ten-bagger-this-is-one-of-your-stocks-to-change-your-life-kind-of-thing-a-high-risk-high-reward-option-gaurav-sodhi-e146449239/?utm_source=and&utm_medium=share
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