My goal over the next 12-18 months is to pick a stock that multiplies by 2,3,4,5.
I think a 10 bagger is something real special. I am wondering for those who have had one, what do you look for?
The price range I am thinking is at is 8 to 10 cents, 10 cents to 20 cents.
Do you look for an initial large volumes where theres a massive volume spike?
Or do you read the fundamentals of the company and wait for the market to realize its value?
Is the number of shares issued important?
Looking at stocks like CQT, the initial price spike was from 4 cents to 10 cents. On close to 20 million volume. Then there was a massive amount of volume traded from 10 cents up to 40 cents. 30 million shares.
Since then volume has dropped off a little the rise from 50 cents to current price has less volatile.
Surely there's investors out there who think they are sitting on a winner.
If so why? And whats your strike rate?