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
-0.010(5.26%) |
Mkt cap ! $352.6M |
Open | High | Low | Value | Volume |
18.5¢ | 19.0¢ | 18.0¢ | $1.287M | 7.036M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
62 | 1437090 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 524059 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 1051001 | 0.180 |
38 | 1101240 | 0.175 |
50 | 1438787 | 0.170 |
17 | 293455 | 0.165 |
34 | 929685 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 404059 | 6 |
0.190 | 1036978 | 25 |
0.195 | 810971 | 14 |
0.200 | 1088806 | 26 |
0.205 | 1026608 | 19 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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