JDelekto
Regular
There is a lot of scaremongering going on over at HC. Since one's natural inclination is to be curious about the drama, getting caught up and emotional about it is too easy.Thanks mate.
There’s a lot of scaremongering going on over there, I know that is all part of the tactic but it got me thinking.
I hope what you stated is correct, it puts my mind at ease.
Some will have you think that it is shorter or manipulators; however, I believe the vast majority are trolls --some who may have been burned in their bad investments and want to feel better about their losses, or some who take joy in the suffering of others and watch their reactions as they push buttons. As Alfred Pennyworth (Bruce Wayne's butler, played by Michael Caine) quoted in 'The Dark Knight': "Some men aren't looking for anything logical, like money. They can't be bought, bullied, reasoned, or negotiated with. Some men just want to watch the world burn."
It's not to say that there aren't day traders making some profit from the short upswing or by shorting the stock, but I don't think that it constitutes the parade of antagonists that come out of the woodwork as the stock drops lower. To be fair - a similar reaction in the opposite direction happens when the stock price is green. In my opinion (this is not advice), this is a long-term hold for my retirement. The decline in stock price has contributed to a very high opportunity cost for those with substantial holdings over the past several years.
I do think that there are a handful of people who understand BrainChip's marketing strategy and the technology behind it, and there are some people who honestly do not understand the technology, the target customers, the timelines it takes for BrainChip to be successful by their customers launching their products containing BrainChip's IP. They only look at the fundamentals and that BrainChip does not yet have a continuous and sustainable revenue stream.
I have said before that I would reassess my investment in 2025. A good portion of my investment is in my retirement accounts, so while I have some time that money is (technically) inaccessible, others cannot hold onto BRN for such a long period as the company continues its lengthy journey to becoming profitable. Their technology is not yet widely adopted in various industries, and companies that sell event-based sensors (such as Prophesee) are serendipity for BrainChip's event-based neuromorphic processor.
Just know that the marketing strategy that BrainChip has chosen is not quite as transparent as most investors would like. NDAs that protect trade secrets and revenue streams from suppliers using BrainChip's IP selling their products to OEMs will obscure where BrainChip's revenues will originate. While I believe the announcement of any signed contracts will bring about a temporary rise in the stock price, other price-sensitive announcements will do little for those basing their investment strategy on the company's revenues. This has already been evidenced by the continued decline in stock price, even after recent price-sensitive announcements on the ASX.
I would read the news that BrainChip publishes on their site and testimonials by those who have evaluated the technology or have already incorporated it into their designs. Look at the partnerships they are creating, the recognition they are garnering in the AI community (specifically Edge IoT), and how they differentiate from the other well-known companies staking claims in the broad area of AI development.
I believe in doing the research and not being swayed by the maligned individuals who serve no more than to get a reaction out of others suffering paper losses. I hope that when the pendulum does swing in the opposite direction, those who have made a fortune on their investments will show more class than these individuals and silently take great joy in them.