FlyVirgin744 From United States of America, joined Jul 1999, 1313 posts, RR: 1 Posted (11 years 9 months 3 weeks 6 days 5 hours ago) and read 1477 times:
Good news, this is not an Israel/Palestinian topic. Instead, I would like to ask some help from those who have a little more experience in the stock market than I do. My economics class is taking part in stock market simulation game (The object being of course to make the most money). Each team was given $100K. In the first week I haven't done so well and would like some help.
My main concern is in Tyco Intl because that is where I spent the most money, buying 800 shares at 28.90. That stock is down a $1. In your opinion, where do you think this stock is heading and what should I do?
Other companies I bought into were:
174thfwff From , joined Dec 1969, posts, RR: Reply 1, posted (11 years 9 months 3 weeks 6 days 4 hours ago) and read 1466 times:
Lets put it this way "son"...
I have had a $10,000 loss and a 100,000 gain all within 10 months of each other. That shows me just how unpredictable the market is. Try not to put your money on has beens and yesterdays hit. Don't stick out the rough rides, get on before others, get off before you need to.
I looked at power cell makers two years ago. A company nobody ever has heard about called Plug Power was selling shares at 30 bucks in december 2000. I bought ten thousand shares of it costing me 30,000 bucks. I sold it in March at $110 when it was off it's peek of $150 a share. I joined eirly and jumped off the bandwagon as soon as it became todays news. The ones in the news today are more likely to become yesterdays hits because they are so popular.
My suggestion to you, don't read the paper and follow todays trends, look into the future and invest in tomorrows trends. Try to be infront of the crowd in buying and selling.
Pacificjourney From New Zealand, joined Jul 2001, 2699 posts, RR: 8 Reply 2, posted (11 years 9 months 3 weeks 6 days 3 hours ago) and read 1458 times:
For anyone to give advice we really need more info, mainly what kind of timeline are you talking about ? One month, one year what ?
Are looking principly at yield or capital gain is related to the time span you are restricted to by your simulation. The 2 different goals make a huge difference to what you should be looking for in a company.
Any other restrictions to the simulation, I notice you have only listed US companies you are interested in ?
FlyVirgin744 From United States of America, joined Jul 1999, 1313 posts, RR: 1 Reply 3, posted (11 years 9 months 3 weeks 5 days 12 hours ago) and read 1443 times:
Thank you 174thfwff and congrats on your Plug Power investment.
Pacific, the sim ends on April 26th. We can buy from other countries, I had looked into Cathay and Eva but decided against it last minute. We must buy shares in multiples of 25, and all purchases and sellings are at the day's closing. You can look over the other rules at the website if you still have questions. Were looking mostly for capital gain, whichever group has the most money at the end wins. I really apreciate your help. The site again:
As you can see since Sept. 11th, the price of Lockheed has gone up...why? Because people see a positive outlook for the corporation for the next year or so. War on terror? Someone needs to supply the bombs, sonar, aircraft...look for similar needs as well.
Like everyone needs Medicine, so look up some revolutionary pharmaceutical companies.
Pacificjourney From New Zealand, joined Jul 2001, 2699 posts, RR: 8 Reply 5, posted (11 years 9 months 3 weeks 5 days 4 hours ago) and read 1430 times:
If your deadline is April 26th then it is a guessing game you are in not an investment game and your guess is as good as anyones ! Airlines or even airports would not be a bad bet for your purposes due to their volatility at the moment.