I suppose it depends on your timeline and holding costs. I understand one of Plato's red flag for BRN was the high cost of shorting.
I would hope by now BRN holders would be completely aware that BRN is currently not producing revenue, and probably won't for some time. If you are building a gold mine you don't have revenue until you sell the gold, even if you have a stack of gold in the vault.
I also expect that people look at the price chart before investing, with the hope of not buying a falling stock. So I expect there are a number of people just waiting for the price signal before investing. It also appears to me the price chart is a result of tactical short selling mopping up the dollar cost averagers and casual buyers. But on a price signal expect something like 4ds.
I would be surprised if tree shaking will trigger any stop loss selling.
Does anyone know of any technical articles critical of Akida?. I understand Intel was quite concerned with some of BRN's patents. Look at BRN's technical partners. Would they bother with BRN if it couldn't deliver? With the ARM ipo I would be surprised if ARM didn't consider a takeover with BRN.
The fools reckon shorting BRN is a reasonable idea, but I reckon the Gardners would be all in BRN as they favor stocks with high growth potential and long-term potential for appreciation
If you actually know something about BRN and consider how much lower it can go and the possible up side perhaps you would realise shorters have a real possibility of large losses.
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Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $435.4M |
Open | High | Low | Value | Volume |
21.5¢ | 22.0¢ | 21.5¢ | $206.5K | 959.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 1108870 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 1754003 | 38 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 1059239 | 0.215 |
61 | 6384934 | 0.210 |
47 | 1519840 | 0.205 |
99 | 2020575 | 0.200 |
22 | 1045426 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 1596391 | 37 |
0.225 | 1000268 | 18 |
0.230 | 745950 | 21 |
0.235 | 325225 | 10 |
0.240 | 810654 | 20 |
Last trade - 12.11pm 17/06/2025 (20 minute delay) ? |
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