The trend of PIPPIN is quite interesting; it actually pumped more than ten times when the overall market was weak. Many people are hesitant to chase it now, fearing that they will face a 90% pullback as soon as they enter the market — this mindset is understandable.

However, you see that its daily trading volume stabilizes at 1.8 billion USD, which means that under this liquidity, it's much easier for the main players to exit than for retail investors. Although we are now in the latter part of the market, such a volume-driven late market often still has some room to run.

If you want to eat meat, you need to have a bit of patience to hold onto your long positions. Of course, assess the risks yourself.