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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 sailorbullon Feb 04, 2016 4:40pm
362 Views
Post# 24525860

RE:RE:Management's Direction

RE:RE:Management's DirectionIn general, I agree with your assessment M2.
 
However, I believe it boils down to what investment time horizon people has? ICG may have the potential to go to $3, but how far into the future do we have to wait for that to materialize?
 
It's like winning the lottery in the US, where you won't receive the money in one lump sum but over 20 years. If you happen to be over the age of 60, you are in many cases better off selling your ticket to one of those 3rd. party outfits who will give you 80 cents on the dollar. 
 
Don't get me wrong, I would probably wait it out myself. I say probably, because even a $0.75 buyout price, is a 200% ROI as far as I'm concerned. I guess one happy medium would be top take some chips off the table if the price should reach that level, and a takeout is NOT in the cards....
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