Anyone who thinks that they're getting on a stock, which is a blue sky multibagger, is deluded, imo. They're as rare as a blue moon, but are talked about constantly with spec stocks - as if they're right around the corner for each and every one of us (and that, if only we weren't in this or that share, then we definitely would have been on it - ROSE TINTED GLASSES fellas).
In reality, they are a rare phenomenon - you may find one, but as most spec stocks start with a story of 'blue sky potential' you have to question whether it's your ability to pick em - or just blind luck.
Of course, your skill in fundamental analysis may dictate your share choice, but the ever changing natural history of a spec. will more often than not disappoint the investor who is searching for instant riches.
AVB Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held
