Replies to post #113215 on Savvy Trades and Investments

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IPW continues to be a fun trader. Low of $1.30 yesterday, high of $1.75. Then fell back to the $1.40's. Today up another 28% to the $1.90's! Probably headed over $2, but I've been selling.

I get the caution (heavy China ties etc) but this one more of a trading vehicle. It was just a week ago that IPW hit $3.48. So think people got too negative when it dropped as low as the $1.20's this week. When a bounce was very likely. Fair value is around $2 imo