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
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $352.6M |
Open | High | Low | Value | Volume |
17.5¢ | 18.8¢ | 17.3¢ | $1.541M | 8.638M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 1389722 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 471848 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 1389722 | 0.175 |
61 | 2472556 | 0.170 |
62 | 1694913 | 0.165 |
71 | 1446721 | 0.160 |
23 | 1043631 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 471848 | 11 |
0.190 | 1808183 | 30 |
0.195 | 771001 | 17 |
0.200 | 1096206 | 40 |
0.205 | 882425 | 12 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
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