Monday, October 19, 2009
Question 1
This week we bought 1,200 shares of Activision costing $15,264.30. We also bought 100 shares of Nike $6,517.80. For a total we spent $21,318.00 we have $78,272.69 left in our Account. We bought Activision because they are coming out with a best selling game in Nov. 10. We bought Nike because they are always coming out with new shoes.
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You blog entry need to have a title. An appropriate title would be: Portfolio Review Week 1.
ReplyDeleteWhen you comment on buying shares I like how you told me about why you picked the stock but you are missing the part of listing the commission paid. You can find that on your SMG login page under transaction history.
I see that you bought 100 shares in Nike. Nike is a very stable company with little risk. So you probably wouldnt want that. Because you wont make much money in 10 weeks, if any at all. I just looked at Nike and I see that they are down 0.63 today. Activision looks like a good company to invest in.
ReplyDeleteIt will probly be hard for you to make much money in nike. Since it is a safer company, the stock probly wont change enough for you to make the kind of gains you may have wanted.
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