Stock picking

When I pick a stock, I expect to make money out of it. Why are some stocks so good, while others are dogs? I have no idea until the truth comes out. Directors can pull wool over your eyes.

Today, look at AFR. A share tipster thinks it will go up >5x soon, the share price shot up today by 33%. When I bought it, I never saw this coming. But it is nice when I am ahead with my purchase.

I also have a lot that fell today. In fact, the falls are significant enough to deprive me of any alpha so I consider it a loss today.