Good morning good people.
With the quarterly due soon and expectations rising I suggest watching this interview again as it outlines the pathway being taken by Brainchip.
I am fully onboard the Brainchip Bus but I think the timeframe for the big growth spike (pun intended) is not until late this year or early next year.
I can’t find where now but I am quite certain the production no. was going to be 7000, hopefully this was wafers and not chips. It makes sense as you don’t want to smash out millions to find out there is a small glitch in the chips. I do recall the sense of deflation when this no. came out a while ago.
The pathway laid out looks measured and controlled (almost scientific). I am sure these very intelligent people know what they are doing. They are expert and leaders in their field of a new technology. As the CEO stated “The project began in 2004” (they have been at this for a long time!) They are completing the R & D phase and commencing the marketing and sales phase. It won’t happen overnight but I am confident by next year the multiple announcements will come rolling in (where NDA’s allow) and Brainchip will begin getting the “Significant market share of $60 Billion by 2025.”
I do think FF’s share price by Xmas of a $1 will be on the money and I’ll be more than happy with that. $5 by the Xmas after that! The current drop in share price has as much to do with psychology as anything else, (which is what the negative downrampers are preying on). Most on this forum believe in the product and company so we need to be resilient if this quarterly is not as sexy as we are hoping. I am sure if the quarterly isn’t as upbeat as expected the downrampers will jump onboard again, preying on insecurities. I hope I am wrong and the quarterly is amazing but I’m just trying to be realistic so I am not dissapointed. So long as we remain confident in the long term goal it will be easier to ride out the storm in the short term.
Enjoy your weekend in these crazy Covid times, stay safe and healthy.
Cheers!
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