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.
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