What I did in the group is my share of the blogs and I had a large part in, investing in companies. A lot of the time one of my partners would find a company that looks good and I would be the one the would tell them to invest or not. With Trever gone I would be the one trying to keep the other guy on target. We all did the same amount of the blogs and we were even all the way through the game.
The things that I learned where don't put all your money into one company. The thing with this is we heard of a company that was coming out with a new game that was going to be a best seller so we invested 1000 shares. A week before the game came out we heard some more good news that the company was going to raise 8 point when the game comes out so we invested 3300 more shares. The worst thing was the company didn't go up at all infact the company went down.
What would I do differently? That's an easy answer I would have never invested in Activition we would have saved so much money. We could have spent that money on tons of different companies that could have earned us some money. Another thing that I would have change would be short sell Genral Motors. One more change would be have a new partner someone that is going to work in class so we could get a little more done.
What would I keep the same? There is not much that I would keep the same. The one stock that I would keep the same would be Visa we earned $2023 with it. If any thing I would spend more on Visa. There isn't any thing else that I would have kept the same. We didn't have that much that I would keep the same all the other stocks that we had lost money.
Monday, December 21, 2009
stock markert game review
i talked about what the stocks did each week. like how they went up or how they went down in the week. i also talked about what the competitors of our stocks did. i found out how much the stock went up and how much it went down in money. we all did the same amount of blogs we would split them up every week so we didnt do the same one every week.
i learned that you should allways learn about your stock before you buy it. i also learned that you should not put a lot of money into a company that you think will make a lot of money. like activision we put 50,000 into it and we lost 2,000 because we thought it would make a lot of money.
the things that i would cange would be to not put so much money into activision. and i would invest more money into visa because we made 2,000 dollers from it with 150 shares. i wouldnt have invested into a company that i didnt know about like dry ship. what we should have done was short sell activison because it droped like 3 dollers.
i wouldnt keep any thing the same except put more shares into visa because thats the only stock that we made money on.
i learned that you should allways learn about your stock before you buy it. i also learned that you should not put a lot of money into a company that you think will make a lot of money. like activision we put 50,000 into it and we lost 2,000 because we thought it would make a lot of money.
the things that i would cange would be to not put so much money into activision. and i would invest more money into visa because we made 2,000 dollers from it with 150 shares. i wouldnt have invested into a company that i didnt know about like dry ship. what we should have done was short sell activison because it droped like 3 dollers.
i wouldnt keep any thing the same except put more shares into visa because thats the only stock that we made money on.
Tuesday, December 15, 2009
How the competitors did last week
(Dec7-14) Mastercard had a great week they started of the week with 238.94 points and from the 8th to the 9th they had a spike of 4.33 points they ended the week at 247.48. They earned a total of 8.54 points. Our company Visa started at 79.93 points and at the end of the week the ended at 84.77 they earned 4.84 points.Visa gained 5.7% and mastercard gained 3.4%.
Monday, December 7, 2009
Review of the market
(Nov.30-6) Last week DJI started at 10344.83 points and ended at 10388.9 points they earned 44.07 points. NASDAQ started at 2144.60 points and ended at 2194.35 they earned 49.75 points. The S&P 500 started at 1095.63 point adn ended tht week with 1099.92 thay earned 4.29 points. In the end the market did well last week.
Reveiw of our portfolio
(Nov. 30-6)Last week we bought DRYS and VLO because their price is low compared to the 52 week high and they where close to being under the bollinger band. Last week our portfolio was worth $21,440. The total value of the portfolio is $97,740.33. We are ranked 555 out of 965.
Monday, November 30, 2009
review of the week
this week we didnt d anything but aig went down 6 dollers. visa is going up it went up 60 cents trhis week which is really good for the stock. activision went down 20 cents.
How the competitors did this week
One competitor of visa is Mastercard and last week(nov 23-29)they started monday off at $236.19 and at the end of the week they ended with $235.59 they lost $0.60. Last week Visa started off the week with $80.44 and at the end of the week they ended with $80.33 they lost $0.11. So last week Visa did better than Mastercard.
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