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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 Marine2on Feb 24, 2017 11:09am
324 Views
Post# 25889059

RE:Next Week

RE:Next Week

blue;


As you questioned,

 

why would anybody that has done their homework be selling ICG

 

with two of the biggest catalyst coming out right around the corner, one next week, the other in March is beyond my logic.” 

 

blue,

This is why I laugh when someone tries to apply straight valuations on a junior company and thinks thats how the market will price shares.LOL

 

After 42 years I have found there could be 30 reasons as to why people and now computers buy and sell shares and those 30 reasons could change in priority weight for a verity of reasons.

 

There is more psychology used in why people buy and sell stock that has very little to do with “catalyst coming out right around the corner” and it may just be something as stupid as that 500 million shares the company has out so they use that a reason to get out / take profits ? 

 

I know there are a lot more things Integra needs to do in order to squeeze every nickel of valuation out of market and your post nailed one of them >>> https://www.stockhouse.com/companies/bullboard/v.icg/integra-gold-corp?postid=25806261

 

M2

PS; blue, I know your post was just rhetorical and did not require a responce,, just throwing in my two cents.

 

 

 

 
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