It could go down. I know that it is a gamble. For those individual stock, I am prepared for it to go down to zero.finfire wrote: ↑Thu May 12, 2022 10:45 amI should rephrase: What are the criteria that you review to decide that a stock has the potential to "go up 20X to 40X"? Can't any stock potentially go up or down?KlangFool wrote: ↑Thu May 12, 2022 10:14 amThere is no secret. I had tried and failed many times. Now, it is purely for entertainment purposes.finfire wrote: ↑Thu May 12, 2022 9:01 am"A) I only gamble on individual stock that may go up 20X to 40X." - What's the secret for finding these gems?KlangFool wrote: ↑Thu May 12, 2022 8:59 am OP,
A) I only gamble on individual stock that may go up 20X to 40X.
B) For those stocks, I have a trading rule that when it triples, I would sell 50% of it.
C) I would locked in my gain and then, it won't matter if it goes down to zero. I still make 50%.
My basic criteria are
A) Capitalization less than 1 billion.
B) Interesting technology that could let it hit 1 billion if the technology is proven to be interesting.
C) Aka, it does not need revenue to reach 1 billion. Just any news/rumors.