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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 goldhunter11on May 18, 2016 2:34am
207 Views
Post# 24883803

RE:RE:RE:RE:Pricing of PP ?

RE:RE:RE:RE:Pricing of PP ?termic,
Thanks for your explanation. It makes sense.

But as a recommendation, to an investor Buy is good, Strong Buy is better, it a definite recommendation. Similarly, Sell and "Sell at all cost?" would send a definite message...but Outperform is a strange word, at least to me. So, what would you do with the stock, buy it? or sell it?

What would matter the most is the target price. A target of 0.90 for ICG is better than 0.70. Since the current price is 0.74, it was safe for Raymond James to move it to 0.80 in his last update.

Since it would be to RJ investors' benefit for the SP to move up higher, it would not be a surprise to see RJ next SP to move his goal post to at least @ 0.90 (to be at par with a new SP target) or even to 1.00 (for fame, for being the first house that came with the $1 target? the game analysts play).
GH

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