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Intchains Group Ltd V.ICG


Primary Symbol: ICG

Intchains Group Ltd is a provider of integrated solutions consisting of computing application specific integrated circuit (ASIC) chip products for blockchain applications and a corporate holder of cryptocurrencies based on Ether (ETH). The Company utilizes a fabless business model and specializes in the front-end and back-end of Integrated circuit (IC) design, the two components of the IC product development chain. The Company’s products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware, the products are mainly used in the blockchain industry. The Company had built a technology platform named Xihe. The Company has developed hardware models and several systems under the Xihe Platform, including a factory production test system, an after-sales data system, a computing server system and a batch management system.


NDAQ:ICG - Post by User

Comment by Jmgreenon May 07, 2014 9:28am
176 Views
Post# 22532792

RE:RE:Sheldon Inwentash, sells a total of 3.2 million shares ???

RE:RE:Sheldon Inwentash, sells a total of 3.2 million shares ???Last time all the flow through shares made their way to market the stock dropped to .15 cents, I was able to pick up quite a few shares at that price and the share price was shortly back up to the low 20s before making its run to new highs in the high 30s. You then shorted and presumably made your money on the drop off in price. Your main point seems to be that history repeats itself with this play, are you saying people should load up now for the inevitable run up in share price? I'm assuming you are not, but for your theory to be correct there would have to be run ups from which to short ,no?
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