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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 Marine2on Feb 23, 2017 1:41pm
292 Views
Post# 25884123

RE:RE:RE:Higher

RE:RE:RE:Higher

Albertan

 

We all buy and sell stocks for different reasons I do find people tend to hold on to stocks for longer periods of time only because they are under watter then sell at first chance to break even.

 

Like you pointed out, “ those who bought Integra 6 months ago, when it was between .85 and .96” are looking to get out.

 

I like to get in on good companies like Integra at low start up prices and add shares along the way, it may take some time but I am looking for a share price of $3.00.

 

Had a few buyouts in the past where it generated more taxes and the real problem comes trying to find a new home for this extra money, one that was as good as the company you owned shares in. 

 

To many times I put the extra money in a stock that went the wrong way. 

 

Integra’s problem in the market now is that they need to upgrade their listing,,,  qualify for other senior listings as in the TSX-T, along with Nasdaq or NYSE,, 

 

Becomes more viable for other Fund & Institutional money to invest in, with a more attractive share price that meets their prospectus criteria

 

A strengthening of its Capital Structure, allowing Financial flexibility with current & future expenses and Investment Opportunities. IMHO

 

M2

PS This may all come after this PEA ?

 
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