Ah @shareman,There is nothing wrong with a large majority of...

First 28 Last

Share
Profile

Follow
The Dean

13,371 Posts.

1235

18/07/22

21:27

Post #: 62596869
Share

Originally posted by shareman: ↑

"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".

Expand

Ah @shareman,

There is nothing wrong with a large majority of retail share holders wanting to not miss out on a SP pump day.

BRN Price at posting: 98.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

TRP

Tissue Repairs soars 31.82% in share price on govt approval for wound healing gel

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

There are more pages in this discussion • 15 more messages in this thread...

First 28 Last

Add BRN (ASX) to my watchlist

(20min delay)
Last 18.8¢		Change -0.013(6.25%)		Mkt cap ! $361.9M

Open	High	Low	Value	Volume
19.0¢	19.5¢	18.5¢	$1.117M	5.894M

Buyers (Bids)

No.	Vol.	Price($)
74	2457612	18.5¢

Sellers (Offers)

Price($)	Vol.	No.
19.0¢	588172	31

View Market Depth

No.	Vol.	Price($)
68	2222110	0.185
89	2026365	0.180
28	451626	0.175
32	735850	0.170
8	266052	0.165

Price($)	Vol.	No.
0.190	591803	29
0.195	641877	15
0.200	452947	20
0.205	871227	7
0.210	362142	7

Last trade - 13.21pm 25/07/2024 (20 minute delay)

BRN (ASX) Chart

Ah @shareman,There is nothing wrong with a large majority of...

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Tissue Repairs soars 31.82% in share price on govt approval for wound healing gel

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Geochemical work at Newington picks up gold and copper anomalies for Midas

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ah @shareman,There is nothing wrong with a large majority of...

Top Stories

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Tissue Repairs soars 31.82% in share price on govt approval for wound healing gel

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Geochemical work at Newington picks up gold and copper anomalies for Midas

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News