RE: Upon reflection19 Feb 2021 13:31
The days of ASOS etc being a mutlibag bagger are far and few between. These days the hype with shares such as the Gatwick Gusher etc don't ever seem to materialize. As soon as shares are issued like confetti by a company then its time to exit. The current hype with bit coin and cannabis shares I don't get at all. There are still some golden eggs out there but people don't want to wait for them to grow slowly. Everyone wants to be an overnight millionaire it would seem.
One piece of advice, never get emotionally attached to any share, set and exit point and stick to it. We all miss multi baggers but then again, any share can seem to do 100-200% in a turn even if its a pile of turd.
I been sat patiently in a decent company for 2 years now. 200% rise but no volume. Company has funds, products around the globe but no one interested in investing. Yet some spoof companies, people jump on a band wagon.
Also beware of certain directors . ..they never change there spots ...few I don't go no where near anymore. I hope your 5000 can turn into 50000 with some luck. Just spend time reading and not following the crowd is my advice