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 > Sold all my shares....No reason to hold, no drivers for gold

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Comment by checkmate99on Aug 05, 2016 8:48pm

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Post# 25115950

RE:RE:RE:RE:RE:Sold all my shares....No reason to hold, no drivers for gold

Fed rate hike? You have got to be kidding.
BOE lowers rate to .25 ...that alone takes fed hike off the table for this year.
Election coming.
Negative interest rates.
Market will see through fake jobs report. ie..mcjobs, temp jobs, and students going back to school in a few weeks. over reaction.
also, the strength of this stock in the face of gold drop. Shareholders are not selling. This stock went up %2.27 today.

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