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.
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $408.3M |
Open | High | Low | Value | Volume |
22.5¢ | 22.5¢ | 21.8¢ | $1.107M | 5.019M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 110458 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 355185 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 110458 | 0.220 |
16 | 465666 | 0.215 |
23 | 548788 | 0.210 |
22 | 841623 | 0.205 |
60 | 1870008 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 355185 | 24 |
0.230 | 563156 | 16 |
0.235 | 582441 | 18 |
0.240 | 398618 | 13 |
0.245 | 587269 | 12 |
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