Note: I'm asking, not offering.
So, a pretty painful day for many. This forum has also just become a shite storm.
It'd be nice to get some un-emotional, reasoned reflection on what's going on here to help people like me and other new investors who happened to stumble onto AZK understand what's going on.
Facts:
The fundamentals haven't changed
Roadshow to international investors happening this week
BrainChip could be a fundamental and 'paradigm shifting' technological development
Is a retrace like this a potential healthy action for a SP to take?
Is this volatility all fueled by day traders making daily gains? Is it something to be afraid of?
I remain positive. If this is how a niche (on the global scale) investing market reacts (the hype, the passion, the belief in the product/story/wanting the inventor to succeed) then surely when global traders come on line the response will be similar, only more extreme.
Unless global tech investors are savvy in a way that we're not (no offense to a lot of the HC veterans who obviously know their stuff!) and can see a gaping hole in this pitch that we cannot.
Seeing such movement envokes a sense of loss, yet the strong thing to do (I assume?) when invested based on fundamentals is to hold tight and stay the course. Especially for a beginner. I'd hate to try a day trade to increase holdings to get burnt to a crisp.
Any reassuring words or measured and intelligent reasoning to the contrary much appreciated!
Hope you all enjoyed today's ride and/or came out on top.
Cheers
Squeefy
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18.0¢ |
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Mkt cap ! $357.5M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 418588 | 18.0¢ |
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Price($) | Vol. | No. |
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18.5¢ | 712030 | 37 |
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No. | Vol. | Price($) |
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28 | 401392 | 0.180 |
52 | 1308621 | 0.175 |
83 | 2620227 | 0.170 |
57 | 1556208 | 0.165 |
71 | 1371010 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 712030 | 37 |
0.190 | 1103938 | 20 |
0.195 | 1148924 | 18 |
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