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 > something's going on

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Comment by goldhunter11on Apr 11, 2016 5:34pm

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Post# 24753750

RE:RE:RE:RE:something's going on

The first group of 1.7M ($0.28) wts with the April/May expiry dates have probably been exercised and dumped in the market to get out some cash. Some of the bulk of about $20M wts could have been exercised and we'll find out if ICG would need to force an eralier expiry date. But, the SP appear to be holding quite well with a high volume, my guess would be that ICG SP should be able to ride it out. If one has a teflon stomach and would believe on the targets from analysts then add more when the price is right. Do your own DD and roll the dice, lol.
GH

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