Note: I'm asking, not offering.
So, a pretty painful day for many. This forum has also just become a shite storm.
It'd be nice to get some un-emotional, reasoned reflection on what's going on here to help people like me and other new investors who happened to stumble onto AZK understand what's going on.
Facts:
The fundamentals haven't changed
Roadshow to international investors happening this week
BrainChip could be a fundamental and 'paradigm shifting' technological development
Is a retrace like this a potential healthy action for a SP to take?
Is this volatility all fueled by day traders making daily gains? Is it something to be afraid of?
I remain positive. If this is how a niche (on the global scale) investing market reacts (the hype, the passion, the belief in the product/story/wanting the inventor to succeed) then surely when global traders come on line the response will be similar, only more extreme.
Unless global tech investors are savvy in a way that we're not (no offense to a lot of the HC veterans who obviously know their stuff!) and can see a gaping hole in this pitch that we cannot.
Seeing such movement envokes a sense of loss, yet the strong thing to do (I assume?) when invested based on fundamentals is to hold tight and stay the course. Especially for a beginner. I'd hate to try a day trade to increase holdings to get burnt to a crisp.
Any reassuring words or measured and intelligent reasoning to the contrary much appreciated!
Hope you all enjoyed today's ride and/or came out on top.
Cheers
Squeefy
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $380.4M |
Open | High | Low | Value | Volume |
21.0¢ | 22.0¢ | 20.3¢ | $1.148M | 5.421M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 165683 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 165683 | 0.205 |
33 | 1410036 | 0.200 |
23 | 1206356 | 0.195 |
82 | 3015836 | 0.190 |
41 | 1653211 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 10000 | 1 |
0.215 | 197658 | 4 |
0.220 | 1263577 | 29 |
0.225 | 937180 | 19 |
0.230 | 632851 | 23 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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