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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

Post by Nununzacon Apr 12, 2014 1:12pm
203 Views
Post# 22443704

I've dumped it all

I've dumped it all

Sold my 27,500 shares in the past few days @ 0.306$ on average and took a loss of 700$. I still believe Lamaque is a great project and I do see this stock above 0.30$ in the long term but I need my money moving, not sitting there being depreciated. Used my ICG proceeds to load on a 5% dividend yield stock.

The hardest thing to do when investing is to acknowledge that you may have misjudged an investment, take a loss and move on. I believe I did that on ICG. I might buy a few hundred shares if it goes under 0.25$ otherwise I've moved on to other things. Beside I don't like buying a stock being manipulated by some insiders (Sheldon).

Good luck to you all!

P.S. I will still come around this board to read any new post for a while.
 

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