Replies to post #113259 on Savvy Trades and Investments

[wadegarret]

IPW is a total gamblers play IMO

We know nothing about next qtr or the future of their business, only that because of their 90% customer giving them a large order, that they did better for one quarter. The company had been having many losing quarters till now, plus the stock has gone from $.36 to over $3 in a month or so ! I think the fact that the stock went from $3.40 to $1.25 in two sessions as well, says it all- this stock is a total gamble, and you can lose 35%+ in one session easily. Lastly the bid ask spread on this one is 2%-4%- that's horrible, and another reason to stay away