smart risk tolerant money to be made, page-52

Commodore,

Not so sure that buying speccies when already tepid is the way, I prefer to buy them when stone cold, or when fully supported by any solid assets they may have. Happier to see that most of my buys deliver sold 3 or 4 baggers within a few years, than to chase ten baggers too hard at the risk of forfeiting those smaller multibaggers and actually losing some capital.

For Unhedged I would add that that "gradfather" stock will have about delivered me a ten bagger if Artemis delivers (or if one of several other prospects over the next couple of years do). That "grandfather" stock already a 3 bagger in less than 2 years. Yet I recall others ramping the "kids stock" MOGie here about a year ago when it spiked above 40, and deriding opinions such as mine contenancing saner values.

Yes, most of you will be cautious enough to only have what you can afford to lose riding on the MOGie, but there is more than one way to skin the cat, and get a ride on high impact drills - but it does require more patience and preparedness to get set in the more boring ASX vehicles. Bit like the hare and the tortoise really.

EL