Intchains Group Ltd V.ICG

Primary Symbol: ICG

Technology Semiconductors

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

Intchains Group Ltd > wow

<< Previous

Bullboard Posts

Next >>

Comment by sailorbullon Jan 19, 2016 10:29pm

128 Views

Post# 24475012

RE:RE:wow

Hey Marine,

The analysts, who have a $0.8 consensus price target, also know that we have 425 mil shares to lift obviously. Exluding institutional investors, who do they assume is supposed to do all the buying then?

I reckon a lot of smaller investors/traders may be looking for a momentum breakout above $0.36 before they want to get onboard though...

<< Previous

Bullboard Posts

Next >>

Paramount Resources signs $3.32 billion asset sale