OMG, thanks BarrelSitter half of one percent of the shares on issue have been dumped. What has happened has the founder and CEO said something that has collapsed the market. What nothing has happened or been said. Woe is me what will I do. The price of Brainchip's shares just keep going up and down.
I know I will continue to hold my shares just like you are holding yours.
I just read it has been 3.5 months since Brainchip announced the first commercial IP sale to the market. I think they also said something about NASA buying an EAP customer entitlement at the time as well but that's nothing to be excited about.
I mean I bought into Brainchip in early 2017 and I have been holding for a total of approximately 51 months. Therefore one month is half a percent of my total holding time for this share which means 3.5 months is about 1.785% of the total time I have held.
Thus to receive the first commercial announcement I waited a total of 98.215% of my total holding time.
My holding time makes me a panic merchant compared with some who invested when the company first kicked off in 2015 and remain solid long term holders of this company.
I do not give advice about investing but if someone actually thinks 3.5 months is a long time then share market investment is not for them and I most certainly would not recommend real estate as it works on a 7 to 10 year value cycle. The only investment that gives instant gratification is a bank at call deposit where every day you can count the pips.
At 3.5 months a baby is not viable outside its mothers womb so its a good thing mothers can wait 9 months otherwise who knows what would happen.
How dare I compare the inventing of one of a kind Artificial Intelligence on a 28nm chip with having a baby which as we know requires years of study and research and only the most highly qualified and fittest are able to achieve but there I go throwing in sarcasm just cannot help myself.
My opinion only DYOR
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