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  1. #101
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    The games and manipulation have started. Brainchip was shorted last week so there was an article in the AFR downramping it letting investors know that the stock they purchased earlier in the week at 80c or 90c was actually in a bubble. Shaking the tree to get rid of any loose fruit.

    As someone said when traders who are savvy play down the share price it is a good indicator that the herd are on to something.
    Someone commented that some of these shorters must have a serious CHIP on their shoulder.

    BRN closed on Friday at 64.5c down 11c, 14.6% with $55m turnover, and it was in the top 10 on ASX for volume. But it finished up 15 cents on last Friday's close.

    https://www.afr.com/markets/equity-m...0200910-p55u86
    BrainChip's rally stirs the bubble-meter.
    The emergence of Facebook stock-tipping favourite BrainChip Holdings as an ASX unicorn has convinced some market watchers that the speculation taking over the Australian market is now at world-class levels of hype without substance.
    BrainChip shares advanced slightly on Thursday, for a return this week alone of 53.5 per cent. The shares last traded at 76¢, equivalent to $1.2 billion in market value.

    BrainChip's rally caught the attention of Sujit Dey from Credit Suisse's hedge fund sales desk, who admitted he still doesn't understand what it does even after reading its filings.
    "This situation definitely takes the cake when it comes to bubble indicators in this market," Mr Dey told clients in an email circulated on Thursday morning. "I thought I’d seen it all!"
    It's almost impossible to short the stock because there aren't enough institutional investors on the register to provide their securities for lending. Commsec and Openmarket dominate the trading volume according to Mr Dey, which "gives a good indication of the type of buyers that are moving this stock".
    One fund manager said they tried to secure stock to borrow but "there is none available, so that helps explain why no one is stepping in to sell it".
    Last edited by moka; 13-09-2020 at 09:43 PM.

  2. #102
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    Another AFR article, more positive this time.

    https://www.afr.com/markets/equity-m...0200909-p55trn
    'Minnow to unicorn': BrainChip tops $1.4b valuation
    Since September 2 iBrainchip has added around $936 million in value, going from 31¢ to 91¢, after announcing an agreement to offer space-industry player Vorago Technologies early access to its brain-chip named Akida.
    Institutional shareholders include Regal Funds Management, Thorney Technologies and Metals X Ltd.
    The artificially intelligent chip maker's story is also extremely popular among retail investors, some of whom entered the sharemarket for the first time in 2020, as government stimulus payments and lockdowns encourage speculation
    Stock-tipping forums for less-sophisticated retail investors such as HotCopper and Facebook's ASX Stock Tip Group also readily discuss the business.
    Billionaire investor and significant shareholder Mr Waislitz suggested BrainChip, if successful, could become a takeover target for giant semi-conductor players such as Intel, Nvidia and Micron.
    "The onus is now very much on the company to deliver substantial revenue from the deals it has announced. If it can live up to this promise, it would not be a surprise to see BrainChip come on to the radar of the major players in the global chip industry. We are watching it closely."

  3. #103
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    https://www.youtube.com/watch?v=kGjKCBQmCmY
    Is Brainchip A Buy? (ASX: BRN) | Stock Analysis | High Growth Tech Stock, by Project One


    https://www.youtube.com/watch?v=-NSa7cljtis
    nabtrade. Big winner this week was Brainchip. Anything that has NASA in it is going to get everyone’s attention. Most traded by number of accounts, so a wide of range of people wanted a piece of it. It’s absolutely unheard of. It’s where everyone wants to be.

  4. #104
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    A new app for Australians to use to buy their Brainchip shares.

    https://www.youtube.com/watch?v=SXBWEZxWg0Q
    What Is Superhero?! The New ASX Share Trading Platform | ASX Investing Brokerage Discussion by ASX Investor.

    Superhero is a new ASX investing brokerage and has been backed by notable investors including the Co-Founder's of ZipCo (ASX: Z1P) and Afterpay (ASX: APT). Superhero as an investing share broker aims to disrupt the way that ASX trading is done by a generation. Could Superhero trading be the new ASX Robinhood?
    New app. Low cost brokerage - $5 and $100 minimum trade. Aimed at new and younger investors. Past six months a rise in retail trading, over 300,000 new retail accounts opened.

  5. #105
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    https://www.fool.com.au/2020/09/11/why-brainchip-evolution-nearmap-zip-shares-are-tumbling-lower/

    The BrainChip Holdings Ltd (ASX: BRN) share price has crashed 13.5% lower to 65.5 cents. This decline appears to have been driven by profit taking after some stellar gains by the artificial intelligence technology company’s shares. While BrainChip is an exciting company, it still has an enormous amount to prove. So, it isn’t at all surprising to see its shares come crashing lower. Especially given its billion-dollar market capitalisation on next to no revenue.

  6. #106
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    https://themarketherald.com.au/brain...le-2020-09-11/
    BrainChip (ASX:BRN) booms while tech stocks crumble.

    • A solid green run cemented BrainChip's (BRN) status as the next tech unicorn this week
    • The technology stock has surprised bullish investors and analysts alike since the start of September as its share price soared to new heights amid major tech corrections to the west
    • Over the course of just seven trading days, the company's share price more than doubled to close at an all-time high of 75.5 cents — at one stage, the stock was worth as much as 97 cents per share
    • Investors who put their money behind BrainChip this time last year would have seen a staggering 1400 per cent return on their investment
    • While BrainChip's half-year financials came out right before the green wave began, it's likely the rise was triggered by a collaboration with VORAGO Technologies
    • So, as the local sharemarket dusts off fresh losses and looks to the new week ahead, the question remains; is the BrainChip boom here to stay?

  7. #107
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    https://kalkinemedia.com/au/stocks/g...king-the-trend
    How are these ASX Growth stocks BrainChip, A2 Milk, Zip Co, Carsales.com bucking the trend?

    BrainChip Holdings Ltd (ASX:BRN)
    On 9 September 2020, Global AI player, BrainChip, announced its participation and exhibition of its ultra-low power, high-performance neural processor, Akida™, at the 2020 Embedded Vision Summit Virtual Conference that would kickstart on 15 September and will go on until 25, 2020.

    In an update dated 2 September 2020, BrainChip also announced its collaboration with VORAGO Technologies, with an intent to aid a Phase I NASA program for a neuromorphic processor that satisfies the essentials of spaceflight.
    Also, read; An Exciting AI opportunity That Is Shaping Up Again – BRN
    Furthermore, ASX-listed Small-Cap Tech Player, BrainChip unveiled its results for the six months ended 30 June 2020 (1H FY20) on 26 August 2020. BrainChip noted a plunge of 80% (y-o-y) in its revenues from continuing operations, which stood at US$13,397 million for 1H FY20. Additionally, expenses rose by 36% to US$6,212,777.
    BrainChips’ operating loss for 1H FY20 was US$6,199,380, indicating a fall of 38% (y-o-y).

  8. #108
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    https://finance.yahoo.com/news/brain...130000713.html
    BRAINCHIP DEMONSTRATES COMPANY’S EVENT-BASED AI NEURAL PROCESSOR AT EMBEDDED VISION SUMMIT

    BrainChip Holdings Ltd a leading provider of ultra-low power high performance AI technology today announced its participation at the 2020 Embedded Vision Summit Virtual Conference taking place September 15 –25, 2020 on Tuesdays and Thursdays from 9 a.m. – 2 p.m. PDT. BrainChip will exhibit Akida™, the Company’s next generation artificial intelligence AI Edge technology. The ultra-low power, event domain neural processor is capable of inference and incremental learning to support many of today’s standard neural networks.

    The company will be running multiple demonstrations of its Akida Neural Processor technology, which is implemented in the Neuromorphic System-on-Chip (NSoC), a revolutionary advanced neural networking processor that brings artificial intelligence to the edge in a way that existing technologies are not capable. The solution is high-performance, small, ultra-low power and enables a wide array of edge capabilities. The Akida NSoC represents a revolutionary new breed of Neural Processing computing devices for Edge AI devices and systems. Comparisons to leading DNN accelerator devices show significantly better images/second/watt running industry standard benchmarks with MobileNet, MobileNet-SSD and Key Word Spotting, while maintaining excellent accuracy.

    The Akida NSoC is designed for use as a stand-alone embedded accelerator or as a co-processor. It includes interfaces for ADAS sensors, audio sensors, and other IoT sensors. It also has high-speed data interfaces such as PCI-Express, USB, 12S and 13C. An on-chip MPU is used to control the configuration of the Akida Neuron Fabric as well as off-chip communication of metadata. The Akida NSoC represents a scalable solution utilizing a built in serial chip to chip connectivity to allow up to 64 devices to be arrayed for a single solution.
    Akida provides the ability to incrementally learn on-chip without the need to retrain in the Cloud. This ability makes us uniquely positioned to help deliver the next generation of AI at the Edge. It’s an exhibit you definitely don’t want to miss.

  9. #109
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    https://www.afr.com/markets/equity-m...0200910-p55ud3
    Superhero cranks retail share trading frenzy.

    A new generation of young traders is taking advantage of super-cheap brokerage fees to pile into the sharemarket on an unprecedented scale.
    The sharemarket's attraction for younger traders is a widening sweet spot of plummeting brokerage costs, coronavirus-induced government cash handouts, simplified online account sign-up processes, and an aversion to the feeble returns on cash saving accounts associated with ultra-low rates.
    A generation of savers are being transitioned into a generation of investors and that's because they're being forced to.

    Prior to 2020, total daily volumes were dominated by big banks and miners, but have since swung to popular tech shares, which feature heavily on Facebook, Twitter, HotCopper, and other online discussion forums dominated by less-sophisticated retail investors.

    Morgan Stanley found three of the five most traded stocks in August were Zip Co, Afterpay and Mesoblast, with beaten-down sectors such as tourism and travel favoured by retail investors and avoided by institutional investors.
    Mr Winters said sharemarket bolter BrainChip is already one of the most popular shares traded across the Superhero platform.

  10. #110
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    Exciting news yesterday for long term holders who understand the ground-breaking technology, with the validation of testing of Akida.

    https://brainchipinc.com/akida-validation/

    BrainChip Confirms Validation of the AkidaTM Neural Processor
    Company Completes Initial Functional Testing
    The Akida Neuromorphic System-on-Chip (NSoC) is a complex integrated circuit that includes multiple interfaces, Data-to-Event Converters, a CPU complex, on-chip memory and a neuron fabric to implement a complete neural network with no external components required.
    “We expect to produce a production mask set in the fourth quarter of 2020 and then move forward with volume production wafer fabrication, assembly and test operations.”

    https://semiengineering.com/knowledg...phy/photomask/
    Photomask - A template of what will be printed on a wafer.
    Manufactured in what’s called a mask shop, the photomask is a template or master copy of what will be printed on the final wafer. Generally, an optical mask consists of an opaque layer of chrome on a glass substrate.
    https://www.tsmc.com/english/dedicat...k_services.htm
    Last edited by moka; 15-09-2020 at 07:11 PM.

  11. #111
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    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

  12. #112
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    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

  13. #113
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    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/

  14. #114
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    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

  15. #115
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    BRN depth.png
    Can't say I've seen that before...

  16. #116
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    Falling as fast as it went up. Pump and dump?

  17. #117
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    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.

  18. #118
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    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.

  19. #119
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    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.

  20. #120
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    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".

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