sharetrader
Page 12 of 33 FirstFirst ... 2891011121314151622 ... LastLast
Results 111 to 120 of 329
  1. #111
    Senior Member
    Join Date
    Sep 2013
    Posts
    1,165

    Default

    https://themarketherald.com.au/brain...or-2020-09-14/
    BrainChip (ASX:BRN) validates Akida processor.

    • Shares in tech unicorn BrainChip (BRN) look set to rally again today after the company validated its neural processor
    • The billion-dollar tech stock, which focusses on low-power, high-performance artificial intelligence (AI), made the validation announcement before market open today
    • Specifically, the validation covers BrainChip's Akida Neuromorphic System-on-Chip (NSoC) technology — an AI processor
    • Essentially, validation in the tech space means a component — like Akida — can be integrated into a larger system and perform as expected
    • BrainChip shares were up nearly 21 per cent in early trade, priced at 78 cents per share

  2. #112
    Member
    Join Date
    Nov 2016
    Location
    Little frog in a big pond
    Posts
    189

    Default

    49c, agreed it’s a great chip, but history is littered with tech wrecks, google glass, 3D tv, they need Richard Branson not NASA IMO

  3. #113
    Senior Member
    Join Date
    Sep 2013
    Posts
    1,165

    Default

    Brainchip keeps making the news, biggest gains or biggest falls, highest volumes or values.

    Biggest fall on ASX today down 18c, 26.9% to 49c, and once again in the top 10 for volume.

    A picture is worth a thousand words. Accumulation today as the chart shows. As the price fell the buyers became more enthusiastic as the sellers who had bought last week at 80c - 97c panicked.
    Brainchip chart

    New director Christa Steele appointed yesterday. Steele’s most notable role was as President and CEO of Mechanics Bank (MCHB 2013-15) where she led a significant financial turnaround, doubled the value of the company in less than two years, and successfully led its sale for a premium in 2015.
    https://brainchipinc.com/non-executi...r-appointment/

  4. #114
    Member
    Join Date
    Jan 2018
    Location
    Christchurch
    Posts
    47

    Default

    Quote Originally Posted by bullfrog View Post
    49c, agreed it’s a great chip, but history is littered with tech wrecks, google glass, 3D tv, they need Richard Branson not NASA IMO
    Or Elon XD

  5. #115
    Member
    Join Date
    Nov 2016
    Location
    Little frog in a big pond
    Posts
    189

    Default

    BRN depth.png
    Can't say I've seen that before...

  6. #116
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,696

    Default

    Falling as fast as it went up. Pump and dump?

  7. #117
    Senior Member
    Join Date
    Sep 2013
    Posts
    1,165

    Default

    Quote Originally Posted by Joshuatree View Post
    Falling as fast as it went up. Pump and dump?
    No not a pump and dump, or the opposite which is a “poop and scoop” (driving the price down), closer to a “short and distort.”

    Shares are being dumped to drive the price down which can only be done by big holders, e.g. LDA Capital, Regal Holdings and any others. They don’t need to “pump” up the share price by spreading false information because they have enough shares to manipulate the market. And shares are being accumulated as well as dumped, because there are big buys too. They wouldn't be accumulating unless they saw the potential.

    Someone had a closer look and found dumps around 3.35 & 3.50pm of 2 x 600K, 910K, 3 x 420K, 945K, 2 x 350K, 2 x 310K, 1 x 347K
    At the same time there was: 25 buys at 60K shares at every 40 seconds, 7 buys of 120K shares, 6 of 55K 3 of 80K, 4 of 103K.

    I would call it manipulation but as the article below says when an institution controls the market it is “exercising the gears of capitalism,” not manipulation. Whether it is manipulation depends on who you are.

    https://www.investopedia.com/terms/p/poopandscoop.asp
    However, there's a big difference in the motives behind the poop and scoop and hedge fund investors: The poop and scoop play is a deliberate attempt to manipulate a stock price, while an activist hedge fund is exercising the gears of capitalism.

  8. #118
    Senior Member
    Join Date
    Sep 2013
    Posts
    1,165

    Default

    https://vimeo.com/458372796
    BrainChip (ASX:BRN): Interview with CEO Lou Dinardo (16 September 2020)
    We spoke with BrainChip CEO Lou Dinardo about the recent validation of the company's Akida chip, the go-to-market strategy and the company's early access program, which has already led to a number of high-potential collaborations with prospective customers.

  9. #119
    Senior Member
    Join Date
    Sep 2013
    Posts
    1,165

    Default

    Someone commented that the Brainchip chart was showing Elliot waves. Five impulse waves up and then 3 corrective waves down (A,B,C) and we are now in the C wave, before the up trend continues. A diagram of the waves in the article below.

    Brainchip chart

    https://www.investopedia.com/article...cal/111401.asp
    Elliott believed that stock markets, generally thought to behave in a somewhat random and chaotic manner, in fact, traded in repetitive patterns. He found that swings in mass psychology always showed up in the same recurring fractal patterns, or "waves," in financial markets.
    An impulse wave, which net travels in the same direction as the larger trend, always shows five waves in its pattern. A corrective wave, on the other hand, net travels in the opposite direction of the main trend.
    Waves 1, 2, 3, 4 and 5 form an impulse, and waves A, B and C form a correction. The five-wave impulse, in turn, forms wave 1 at the next-largest degree, and the three-wave correction forms wave 2 at the next-largest degree.

  10. #120
    Senior Member
    Join Date
    Sep 2013
    Posts
    1,165

    Default

    Quote Originally Posted by moka View Post
    https://vimeo.com/458372796
    BrainChip (ASX:BRN): Interview with CEO Lou Dinardo (16 September 2020)
    We spoke with BrainChip CEO Lou Dinardo about the recent validation of the company's Akida chip, the go-to-market strategy and the company's early access program, which has already led to a number of high-potential collaborations with prospective customers.
    Part of the transcript of the video:
    "First like to thank the shareholders who have been patient as we have spent the last three, four, almost five years developing the Akida IP and now bringing it to fruition ...

    The Early Access Program is a concept that gives early access to key customers in the specific markets that we see as our target markets. In the case of Vorago, that happens to be space flight and aerospace but it will also add to Vorago's strength in down hole applications, whether it be oil or natural gas, those are very harsh environments as well.

    The early access program gives those customers that sign up, and there's a fee to participate, it gives them early access to engineering samples, evaluation boards and dedicated support. So our focus has been to pick who we think are leaders in each of the markets that we see as important to our immediate future; make sure that we have an established relationship and bring one or two or three into our camp.

    So at this point, we've talked publicly about our relationship and the Early Access Program with the Ford Motor Company. That, of course, would be for ADAS and autonomous vehicles. We've talked publicly about our relationship and Early Access Program with a company called Valeo which is headquartered in Paris but we work out of Stuttgart, Germany - right across the street from all of the well known names in German automobile manufacturing. They're a Tier 1 supplier of modules and [indistinct] are huge into automotive industry - something in the order of 20 billion Euros a year turnover.

    We did talk about Vorago. Now we have others which we've been unable to name. One: there's a very prominent well known US based unmanned aerial surveillance manufacturer ... a long description for the word drone. In this case it would be primarily for commercial use; natural disasters and things of that sort where flying aerial drones for rescue operations.

    There's things going on in the smart home arena as well as smart health. We look to smart health as what really could be a burgeoning marketplace for us. There's a great opportunity to do diagnosis on volatile organic compounds. As we exhale, everything that we're made of comes out of us ... and you can detect early stage of cancers, you can detect infectious diseases, COVID-19, H1M1 and many others.

    So we've started to latch onto that arena as well as one or two others in what we call beneficial AI; where we're looking to benefit human kind with advances in medial science and advances in other types of research. So ... a really wide range of end markets, but we're trying to partner with those leaders in those end markets where we're assured, as best we can, that if we're successful and they're successful, there's a real commercial outcome".

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •