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“Penny Stock’s 1,500% Jump Fueled by Reddit Left CEO Dumbfounded”

“BrainChip Holdings Ltd., an artificial intelligence-focused startup whose flagship product is yet to be made widely available for commercial use, saw its 2020 gains propel to 1,500% earlier this month. While concerns about overheating have seen the stock getting hammered since, its current year-to-date advance of almost 700% still makes for one of the best performances among technology names in Asia Pacific, according to data compiled by Bloomberg…”

https://finance.yahoo.com/news/penny-stock-1-500-jump-004141279.html

I’m looking at that chart and I have to say I would not mess with this stock. It seems like the first wave or major rally is over. It’s in danger territory now in my opinion. Things like this you have to catch before word gets out. The stock may jump again but anyone looking to invest needs to watch it closely. It’s been a while since I recommended anything. On this I recommend to wait and watch.

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