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I configured no-ip's dynamic ip to point 'www.example.com' to 'web.example.com:8080'. So when someone typed in a URL, the dynamic IP would redirect to the right IP address and also the right port.
My question is does Google penalize for this redirect?
(I do know that Google penalizes for using no-ip's cloaking option. My site dropped significantly so I turned cloaking off. What cloaking does is it hides the port number from the url.)