Australian (ASX) Stock Market Forum

BRN - Brainchip Holdings

It does all seem like gambling though, except for those who charted and won, they should take a lot of credit. Good system, good belief in the system and good payout from the system.
Not easy to catch though, once in a blue moon one speccie may do this kind of thing but you could lose a fortune or go bankrupt if you throw yourself at every bullet train that whiz past ya. I am underwater and regret throwing myself at another one going near maximum velocity. Don't ask what it is etc, it doesn't matter what matters is the lesson learnt. I should stick to what I am doing with longer term stuff and trading in my zone with the spec portfolio.

You are right @sptrawler, when you said:

It does all seem like gambling though

I should listen more to the cautious members on this forum. You know @galumay et al. I thought I gave up gambling ages ago, oh gosh how the greed could stir you up once again :banghead:

It's not the money lost (only several hundred bucks), but it's the lack of discipline to stick to what I am good at, that I am really pissed off with myself :rage:

Anyway I can't and don't usually talk about losses to family, friends, colleagues etc. Last time I tried to talk to a colleague about stock market in general I was given the silence treatment. Then there was ongoing avoidance as if I was some gambling addict :depressed:

So to my friends at ASF let me make a promise to myself:

I pledge to fellow ASF members, from this day forward I will do all the due diligence and all the stock research to thoroughly evaluate a company before purchasing it.

Because that's what I've been doing over the half weekend gone and holy cow, I wouldn't have bought that speeding bullet if I did the research first.
 
Not easy to catch though, once in a blue moon one speccie may do this kind of thing but you could lose a fortune or go bankrupt if you throw yourself at every bullet train that whiz past ya. I am underwater and regret throwing myself at another one going near maximum velocity. Don't ask what it is etc, it doesn't matter what matters is the lesson learnt. I should stick to what I am doing with longer term stuff and trading in my zone with the spec portfolio.

You are right @sptrawler, when you said:



I should listen more to the cautious members on this forum. You know @galumay et al. I thought I gave up gambling ages ago, oh gosh how the greed could stir you up once again :banghead:

It's not the money lost (only several hundred bucks), but it's the lack of discipline to stick to what I am good at, that I am really pissed off with myself :rage:

Anyway I can't and don't usually talk about losses to family, friends, colleagues etc. Last time I tried to talk to a colleague about stock market in general I was given the silence treatment. Then there was ongoing avoidance as if I was some gambling addict :depressed:

So to my friends at ASF let me make a promise to myself:

I pledge to fellow ASF members, from this day forward I will do all the due diligence and all the stock research to thoroughly evaluate a company before purchasing it.

Because that's what I've been doing over the half weekend gone and holy cow, I wouldn't have bought that speeding bullet if I did the research first.
Care to elaborate? You make it sound like this whole thing's been a pump & dump with no actual promise etc etc.

Dunno what you bought at or for how much but I'm down like 200 bucks if I sell now. I was never planning on holding this short term.
 
I pledge to fellow ASF members, from this day forward I will do all the due diligence and all the stock research to thoroughly evaluate a company before purchasing it.

Well said, @aus_trader and I'd like to think if you ever decide to post your research up for discussion here, you'll get similarly candid feedback unlike elsewhere.
 
Care to elaborate? You make it sound like this whole thing's been a pump & dump with no actual promise etc etc.

Dunno what you bought at or for how much but I'm down like 200 bucks if I sell now. I was never planning on holding this short term.
No, not this company. I don't own BRN and haven't owned it in the past, so apologies if my comments were directed towards BRN, I had no intention in doing so.

My comments were to remind myself to slow down and do the research first before jumping in. It's so easy to get swept up into the surging share price of a stock which could be summed up with 4 letters: FOMO !
 
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Well said, @aus_trader and I'd like to think if you ever decide to post your research up for discussion here, you'll get similarly candid feedback unlike elsewhere.
Yes and I usually do often post questions and comments about companies before buying because the community here at ASF is awesome :xyxthumbs

I have been pretty happy with my decision making process of late, because I usually take time to evaluate prospects and look at it from all angles possible, time permitting. So I was crossed when I didn't do that and later found I should have.
 
looks like the bleeding has stopped, gap closed
this stock is a very good tool to watch, not for anyone to "own"
in the first 3 levels of todays dom has a 4 to 2 bid/offer
theists and momo chasers are eager
 
20% run today lads on news of a big presentation etc tomorrow 9am. Who kept holding?
 
so, what was that all about? Interesting way to consolidate at a (slightly higher) level!

(thx for reminder, @aus_trader)
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Give it time. This is a pure speculation trade. There's a reason why I only threw a few hundred bucks at it.
 
Two significant bits of news for Brainchip:

1. An extension of what we already knew; that NASA places an order for the early access program.
2. Brainchip signs the first AKIDA intellectual property license agreement with Renesas.

* Renesas Electronics Corporation TYO: 6723 is a Japanese semiconductor manufacturer headquartered in Tokyo. It has manufacturing, design and sales operations in around 20 countries. It was the world's largest auto semiconductor maker in 2014, and the world's largest maker of microcontrollers.

So in short, Brainchip has direct dealings with one of the largest space programs in the world (NASA) and one of the largest makers of microcontrollers in the world (Renesas). Exciting stuff!
 

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Given the number of entries backing BRN as one of their CY21 picks, I thought it would be useful to collate some recent links that are more technical than the usual fluff pieces that come up in searches;

BrainChip: A Neuromorphic Processor for Power Efficient Edge AI Applications [Oct 2020 conference]

AI Field Day highlights [Dec 2020] - a bit too short for my liking. Go to the Field Day link for more details.

Unlocking The Future of AI [Dec 2020]

These capture the enormous opportunity BRN is aiming for. Multiple verticals, positioning as the embedded infrastructure layer for partners to build upon.
 
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