FlyVirgin744
Topic Author
Posts: 1282
Joined: Tue Jul 27, 1999 8:35 am

For Those Who Know The Stock Market

Tue Feb 19, 2002 11:19 am

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:

Watson Wyatt
Sysco
Applied Materials
Handspring
Anadarko
Liberty Media
Eaton Vance
Southwest Airlines

Any suggestions?!?!

Thanks alot!

Matt

*If interested in the website that runs the simulation:
http://www.floridasms.com/
Sometimes I go about in pity for myself and all the while a great wind carries me across the sky.
 
174thfwff
Posts: 2831
Joined: Thu Sep 04, 2003 12:47 am

RE: For Those Who Know The Stock Market

Tue Feb 19, 2002 11:59 am

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.

Brooklyn, Queens, Manhattan, Staten, Uptown, what now? Lets make it happen.
 
pacificjourney
Posts: 2659
Joined: Wed Jul 04, 2001 9:12 pm

RE: For Those Who Know The Stock Market

Tue Feb 19, 2002 1:01 pm

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 ?
" Help, help ... I'm being oppressed ... "
 
FlyVirgin744
Topic Author
Posts: 1282
Joined: Tue Jul 27, 1999 8:35 am

RE: For Those Who Know The Stock Market

Wed Feb 20, 2002 4:48 am

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:

http://www.floridasms.com

Thanks again to both of you and if anyone still has any tips, I would be very appreciative,

++++Matt
Sometimes I go about in pity for myself and all the while a great wind carries me across the sky.
 
174thfwff
Posts: 2831
Joined: Thu Sep 04, 2003 12:47 am

RE: For Those Who Know The Stock Market

Wed Feb 20, 2002 5:14 am

Looks like the war stocks are doing pretty well.

This is the one year chart for Lockheed Martin
http://quotes.nasdaq.com/quote.dll?page=charting&mode=basics&symbol=LMT&selected=LMT&chart=3&elem=0

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.
Brooklyn, Queens, Manhattan, Staten, Uptown, what now? Lets make it happen.
 
pacificjourney
Posts: 2659
Joined: Wed Jul 04, 2001 9:12 pm

RE: For Those Who Know The Stock Market

Wed Feb 20, 2002 11:52 am

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.


Let us know the results. Good luck.
" Help, help ... I'm being oppressed ... "
 
CPDC10-30
Posts: 4688
Joined: Wed Feb 02, 2000 4:30 pm

RE: For Those Who Know The Stock Market

Wed Feb 20, 2002 12:00 pm

Plug Power was selling shares at 30 bucks in december 2000. I bought ten thousand shares of it costing me 30,000 bucks.

What, did they have a ten for one offer? You'd need $300,000.
 
174thfwff
Posts: 2831
Joined: Thu Sep 04, 2003 12:47 am

RE: For Those Who Know The Stock Market

Thu Feb 21, 2002 3:00 am

Errr. sorry my fault CPDC, i forgot the 0.

Although they did had a split in 2000, but don't quote me. I can't remember.
Brooklyn, Queens, Manhattan, Staten, Uptown, what now? Lets make it happen.
 
JetService
Posts: 4611
Joined: Mon Feb 21, 2000 1:12 pm

RE: For Those Who Know The Stock Market

Thu Feb 21, 2002 5:10 am

I'd be all over that JetBlue IPO. No reason other than guessing it will do well. Not a stock expert, but who really is?
"Shaddap you!"

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