BRN 0.00% 19.5¢ brainchip holdings ltd

Hi Dolci, you're obviously an experienced trader, maybe you...

  1. 436 Posts.
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    Hi Dolci, you're obviously an experienced trader, maybe you could explain the following, this past week I've noticed a marked change in the trading pattern of BRN, yesterday was the lowest trading volume in over 12 months, the number of trades that move the SP up & down a quarter of a cent has decreased, as have the so-called "unsellable parcels" (under $500 worth).

    The reason I was watching it more than I normally do is because I've had a buy order at the front of the queue at 15c for over a month and decided due to the CES hype to move it up to 17c, but that just put me in the line behind a single buy order of 1,450,000 shares, DOH!!!, so i decided F#@K it 17.5c it is and got my order filled, that was Wednesday, By Friday that large buy order had made its way to head of the queue at 17c, just being fed small parcels all day and traders dancing around it all arvo.

    There was also only a little 111,000 reported shorts at close of play on Thursday.

    I'm looking forward to hearing your thoughts Sweets!!


 
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