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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 goldstd69on Feb 09, 2017 11:21am
187 Views
Post# 25822818

I think ICG is going higher but I have one ongoing

I think ICG is going higher but I have one ongoing
concern...the shares appear to be in very weak hands...the sell offs are frequent and higher per cents than other similar stocks like Columbus Gold, etc.  I takes weeks if not months to rally a few cents and in one hour it gives it all back...so there are still few believers despite all the good news on drilling, etc etc.  I think part of this blame is management is very poor in getting the story out and in timely release of news...so the shareholder tends to suffer.  I have long felt that management is the weak link in this stock...but I may be wrong and often am wrong.  JMHO  Just food for thought.
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