I post this at risk of being personally abused for raising a view which is contrary to that of the many die hard believers on this thread but here goes....
Some other interestings points which are raised in the article:
"It's almost impossible to short the stock because there aren't enough institutional investors on the register to provide their securities for lending. Commsec and Openmarket dominate the trading volume according to Mr Dey, which "gives a good indication of the type of buyers that are moving this stock".
"One fund manager said they tried to secure stock to borrow but "there is none available, so that helps explain why no one is stepping in to sell it".
Link to article: https://www.copyright link/markets/equity-markets/brainchip-s-rally-stirs-the-bubble-meter-20200910-p55u86
I post this at risk of being personally abused for raising a...
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Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $389.7M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.8¢ | $610.1K | 2.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 593140 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 560405 | 10 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |