Tuesday, October 25, 2011

Occupy Wall Street

In my opinion, although it is one of the biggest movements that has ever happened in the U.S., Occupy Wall Street is the most ridiculous thing i have ever heard. Personally, I have heard a large number of different arguements given by people who support the movement and also have been told by others against it that they have heard many different arguements as well. They are not unified by one cause and they only want to blame their problems on someone else. also, people feel they are entitled to things and they don't want to do the work for themselves. people do not understand the value of hard work and that is sad.

Friday, October 14, 2011

I Posted On

Cameron Bennit
Jon Bjornestad
Mariah Lang
Cool beans
Tess Mitchel
Corrianne McKearny
Justin Lynn
Jake Christansen
Marshall Mcarther
Vince Sleep

Thursday, October 13, 2011

Journal 4

This week i heard alot of talk of the Stillwater Mining Company(SWC) so i decided to check it out and what i found looked very promising.SWC is a small cap stock and it is part of the Basic Materials sector. SWC is involved in every part of the process of mining and refining precious metals such as palladium and platinum. Platinum is used in any electronic device and it is electronic devices that will be given as gifts the most this season. The first thing i noticed was the price of $9.49 and then the 52 week range which is $7.31-$25.90. this looked very good to me because there is not much farther down the stock can drop and there is also a huge amount of room for it to grow. I also looked at the price range of this time through December 31st of last year and it made an increase of almost 4 dollars and that peaked my intrest even more because to me that says that it will rise a large amount with the coming holiday season and increase in electronics sales. I belive that the price of each SWC stock will rise by atleast $5 and if not, it will hit $21.49 like it did last year and with the 300 shares that i bought, that will be a great profit. I plan to let it go on the last day of the semester.

Friday, October 7, 2011

Journal 3

This week i bought a new stock in the company called Activision that makes video games and I have one reason for this. I Found out that Call Of Duty Modern Warfare 3 is coming out soon and that particular game series has been extremely popular in the past and when retailers like walmart offer pre-order the orders are usually taken up well before the game is released. I bought 200 shares for $11.77 each and it is currently trading at $12.56 and I have made $157 and although that is not alot, it is still a gain and I believe that it will rocket to $15 or Maybe even $20 when the game comes out at which point i will still not sell because of the holiday season unless i feel i have made more money than expected.

I also attempted to short sell my 50 Under Armour stocks because it has been tanking ever since I bought it the first time. This did no work however because hunting season finally kicked in and they began ending the day with an increase. I expected to make about 10 dollars per share since it dropped so much but it ended up beginning to rise so i covered it and plan to just cut my losses.

Thursday, October 6, 2011

Stock Journal 1

I bought a stock in Procter and Gamble this week and i have a couple reasons for making my purchase. For one, the 52 week high is about 8 dollars more than the price that i bought it for. This company has an extremely wide range of products that include hygene, entertainment, and food to name a few. so as you can see you really can't get away from their products.