Capital Raise about time!!!, page-27

"can you briefly explain what information you have that BRN holders want to suppress".

Can you still see the post you responded to?

There is your answer.

As I have mentioned before, in my view, is is likely the BRN share price has been inflated as a result of gullible and vulnerable people falling for the wild speculation posted by promoters/pumpers on BrainChip Facebook groups, reddit, stockmarket forums, Telegram groups, LinkedIn, Twitter etc etc that Akida is the biggest technological advancement since the wheel was invented, is currently being incorporated into every device known to man (but subject to an NDA), nothing else can compete with it and it will result in intergenerational wealth for shareholders.

BRN holder do not like these views made public. If they were so confident in the Akida technology, why do they get so concerned by someone having another viewpoint? It suggests underlying insecurity is at play here and many posters are infact traders rather than long term investors.

In terms of the herd behaviour that may explain much of the share price rises and FOMO, the following is likely relevant.

https://www.gsb.stanford.edu/insights/research-how-fear-missing-out-makes-investors-risk-blind

"The researchers have found that investors tend to herd particularly around high-tech investments that have the potential to revolutionize the entire market and promise a big upside—technologies like fiber optics, internet-related infrastructure, and so forth. “These are typically high-risk stocks that, in seven out of eight cases, are likely to go bust. But people are willing to invest in them in the hopes that they’ll hit that one-in-eight jackpot,” says DeMarzo.

This phenomenon explains how stock bubbles emerge. When people begin crowding to certain investments, the price of the assets they hold become overinflated. The standard model says that if stocks are overpriced, smart investors will sell or avoid such investments. But DeMarzo and Kremer find that even if people know a stock is overpriced, their fear of doing something different from their peers and potentially losing out makes them move in ever greater numbers to the swelling investment".