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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

Bullboard Posts
Comment by silverbuckon Feb 17, 2013 1:52pm
119 Views
Post# 21002863

RE: RE: RE: icg

RE: RE: RE: icg

JMgreen, we are all getting tired of the so called buying opportunities. When you have the last two CEO's of the company put into place that knew absolutely nothing about mining, are you really surprised by the share price and the snail pace the company has been moving at?

In Marine's eyes, the last seven years have been a buying apportunity for this company. He has been pumping this stock for many years with nothing but a severe loss unless you have been averaging down the whole time. Its pretty easy to say I told you so that the price would be such and such in the future when your predictions go all the way from $40 to $2.50.The only valid point he makes is, do your own DD. He is not forcing you to buy anything.

As for myself, I think the company is finally on the right path with the majority of the right management in place now and the next 43-101 will tell the tale, but I am done with averaging down as well. Waiting for the the next hopefull spike then drop to buy again. 

And as the old saying goes in the Junior sector, BEST OF LUCK

 

Silverbuck

Bullboard Posts