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Intchains Group Ltd V.ICG


Primary Symbol: ICG

Intchains Group Limited 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). It provides the front-end and back-end of Integrated circuit (IC) design. The products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware. The Company had built a technology platform named Xihe Platform. 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 leeslandon May 08, 2014 8:44am
126 Views
Post# 22537551

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

RE:RE:RE:Sheldon Inwentash, sells a total of 3.2 million shares ???If you just pause for a moment and understand how much cash is being brought in at 23-25 cents in and paper,  that would exit if this went to 30 cents let alone 40 and the barriers that would come out as it near the 40 cent mark bring on the vacum to suck potential growth out

This is what happens when you stall you get a bulk group at a price of 22-24 cents that includes a huge amount as being day traders add the paper factor of capital groups and spikes can come , but the stability is hard as the sells come in stronger than buys

The question now is how much more paper is out as well how many would jump ship at 30 cents
make this a very hard asset to get excited about. I do wish a spike can come about as I do want to make another short entry , but no I cant see anything but high teens to low twenties
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