lousy stock pickers, page-3

That does not surprise me for most of the stocks talked about and recommend on these chat sites are mostly spec stock. I believe that 28 % would probably a good result.

You hardly ever have discussions on blue chip companies such as tls, cba or tab why bother they are steady companies and not much ever happens. You can't get rich in a short period of time.

How many here would like to get just 5.1% return most of us are gamblers and we WHAT THE BIG BUCKS!

When you want the big bucks then you must accept the 72% failure rate.

If you looked further (I can't be bothered) you might find that the 28% that did have success might have made much much more money than 5.1% that is if they bought and sold at the right time.

I have my steady blue chippers for my income and have set aside money to gamble with on spec stocks and have had some success with ALL, SLT and HTA. The trick is to get in and out at the right time.