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.
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I like all the research that you did into the stock and told us about the stock in depth.
ReplyDeleteGreat job using detail, keep it up!
ReplyDeleteI like how you gave the information but didn't put it like you where listing it. Giving a exact price on how much you think will rise i thought was good and it helped me out because I got comments to do that and your bog post gave me a good idea of how to do it keep up the good work.
ReplyDeleteGreat job, I really llike it. Keep doing what your doing.
ReplyDeleteIs there more historical info past one year?
ReplyDeleteGood job?
I like all of the info you gave and how you gave exsact prices this was a great transaction and I learned alot
ReplyDeleteI like how you used the stock's history and how it did over the past year during this time. You had a lot of information in your transaction; that told me a lot about the stock you invested in. Great Job Man!
ReplyDeleteNice JoB! I like how you started off the story with a intresting beginning! it got me hooked to finish the whole post!I also like how you had all the information and had alot of the history! I can tell already you decided on the right stock.
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