This article on BRN from a licensed financial provider is also very negative (but also extremely accurate IMO):
The Immense Power Of The Brainchip (ASX: BRN) To Drive Share Prices Higher
Much of the same rhetoric mentioned in the article still floods this forum today (the analogy of BRN to Amazon/Apple is always a classic lol!).
What's with having no sentiment? I believe BRN is uninvestable: not enough information to short it or invest in it; overpromising and underdelivering. It appears overpriced to me, yet the SP can pump on no news as traders try to front-run retail sentiment.
It appears to be a trader's dream if that's how folks want to make their money from day-to-day. I day traded it once and made profit, but that was all I ever thought it good for.
For now I simply watch on with amusement, hoping that everyone involved (be it shorts or longs) somehow eventually profits from it.
2023 BrainChip Discussion, page-5765
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Last
20.0¢ |
Change
-0.020(9.09%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 20.0¢ | $2.364M | 11.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 900437 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 572060 | 13 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| BRN (ASX) Chart |