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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

Post by LukyLukeon Nov 15, 2016 8:53pm
167 Views
Post# 25466316

Calm down, sit back and watch the show!

Calm down, sit back and watch the show!
Markets have been shaken since Trump's election. No doubt.

It's a very emotional (not rational) game right now.

Markets first declined when it became clear that Trump would be elected. Therefore, gold rose over $1300USD. Analysts were unanimous: Trump's election would be catastrophic for the economy and stock markets.

However, stock markets have recovered and kept climbing sincer November 9. Therefore, the price of gold declined.

Take a step back now. Who could've predicted this scenario? The answer: nobobdy. Everybody is kind of running around and doing wishful thinking that everything is fine when they were themselves thinking and telling everybody that Trump's election would be catastrophic.

It's SO emotional right now. Nobody really knows or understands what's going on right now.

I can see very emotional people on this board too. Gold declined and so did the SP of ICG. Plus, the RE is delayed.

Did anyone in here (except our famous bashers which should be on everybody's ignore list) ever had a doubt about ICG's resource? No. I have never seen someone complaining about that before this fall. Yes, the RE is delayed. Yes, it sucks. But guess what, there must be a very good reason down the road to do so. Also, I have never seen gold disapear... It's still there folks!

Fundamentals have not changed. There are the same and simply get better every single time management is releasing news.

Is ICG SP only based on speculation? No. For now it's based on FACTS. It is currently lower then it should be we all know it.

Once this storm will pass, everything will get back on track. SP will recover as people will remember the fundamentals. People holding tight to their shares and people buying at these levels will be rewarded sonner than they think.

One last thing: Calm down, sit back and watch the show!

LL



 
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