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BRN - Brainchip Holdings

Take another look frog, you'll be pleasantly surprised
 
‘Dona Ferentes’
This is done using a standard CMOS image sensor and a regular dot projector along with a proprietary and patented technique to produce 3D point cloud data


As a full time electrician and part time trader only going for roughly 8-9months, I may be asking a silly question here but....
Being a ‘proprietary and patented technique’, this means no one else can copy or duplicate right???
If this is the case, what happens if a huge company wants to buy this patent and BRN accepts? I’m asking as I bought $1000 of shares @ 0.325c
What would happen to my shares, just out of curiosity?


 
The company would buy these at a usually premium to current price and you would happily get a cheque in the mail.then you could reinvest in the buyer if you feel like it...
 
They'd shoot up in value, and then it's up to the company as to what they want to do with the money. They might pay it to you as a dividend, they might reinvest it, they might do a bit of both.
 
Yeeeep.

Though with this volatility, it could be the inverse in an hour's time.
 
Well when one of your first customers is based around NASA, you’d have to figure selling to others might just be an easier sell.
 
BRN just keeps giving
when the s&p200 dumps 150, BRN opens at .455 goes .435's then rips upto .525's
...chased stock...

Given the big sell off in tech stocks overnight I was half expecting to see BRN get a bit of a flogging today, but hey there's still time for that today
 
when the s&p200 dumps 150, BRN opens at .455 goes .435's then rips upto .525's
...chased stock...

i should have balanced the comment with the question "by whom?"

ask yourself, why does a stock plummet on great news and why does a stock rocket on great news?

nothing to do with the news value only the opportunity the news value provides to the other side of the trade.....
 
There was no news that triggered the massive selloff in the U.S though. Absolutely nothing. In fact, all the cloud etc stocks rocketed both before & especially after zoom's blowout earnings report, and the ones like crowdstrike & docusign actually beat estimates significantly as well and still dropped massively.

Every talking head (and forum member for that matter) you can think of is basically just going "well yeah a correction was due at some point" but as soon as anyone asks them what's triggered it, the response is crickets.
 
Monday, Sept. 7 Labour day holiday in US.
Friday ie. tonight 1/2 day trading I believe.

Traders wanting to count their money ahead of the spread of Covid over the long weekend
 
Monday, Sept. 7 Labour day holiday in US.
Friday ie. tonight 1/2 day trading I believe.

Traders wanting to count their money ahead of the spread of Covid over the long weekend
I get you, but we're talking (depending on the stock) up to a 20% run in a single day both up and down:


Not even the selloff before earnings season was like this. That was about 8% between both thurs & friday before iirc. Docusign even reported earnings above estimates on wednesday.

This is nuts.
 
Funnily enough I feel very nervous about holding this stock....the word "overheated" comes to mind. This stock seems to regularly put on double digit moves

MovingAverage,
Try not to sell unless you really have to as this is only the beginning of the BRN journey. (My opinion only). Their technology is up with if not ahead of most in the AI field. The initial run of chips manufactured are being distributed to about 20 partnership deals most of whom have non disclosure arrangments so their competitors don't know the details.
For what was a little Australian company to have partnership trial deals with the likes of Socionext, Maikeye (3D field), Ford (electic cars), Vorago Technologies (NASA Phase 1 trial) the variety is endless. The other trial deals are expected to be just as big.

DYOR
 

Thanks for the insight @access . I'm more of a system trader so don't normally look too much into companies. But BRN has caught my attention as my systems don't normally catch companies that have such rapid rises. They certainly seemed to have developed some seriously cool technology--I wish them the very best as it's great to see a small Australian technology company like this playing in the global technology industry.
 
Now it has a market cap near $1.4billion, the "unicorn' word is tossed around;
(Rule #1: don't watch the stock price. And besides, it slipped from a high of 97c today to close at 75c)


The company is also due to join the S&P/ASX Technology Index on September 21 in a move Mr DiNardo suggested has brought the company to the attention of more institutional investors.

and of course, the usual suspects now get mentioned.... a "takeover target for giant semi-conductor players such as Intel, Nvidia and Micron."
 
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