Tuesday, March 1, 2011

Week 2

Tuesday

1. Today we started off by buying NOAH because of their down word trend and their tendency to expand and grow. We purchased them because they were down at a low point, but the they were also a top pick for the best stocks of the week.

2. We have gone up in % this week so and we have decided to get rid of the stocks that are doing bad. So this stock looked amazingly promising!

3 & 4. SEE ABOVE

5. Competitors were difficult to find, but from the information I gathered, I found that they are very few competitors and their market is very small.

Wednesday

1. Sam and I got SKUS when it was at a considerable low point and the stock has since gone up a considerable percentage.

2. We sold much of the stock that was doing well such as NOAH and SFUN which where either making a significant amount, or broke even so as not to lose a large sum of money.

6. None to speak of. No company breakthroughs in ANY of the companies that we currently own.

7. The market was doing very well on this day so those stocks that we were doing very well on such as NOAH we sold off immediately.

Thursday

Today stocks plummeted down to an extreme low because of rising oil and gas prices.

In short we do not have much to report today. Our stocks took a major crap and thus we lost a lot of money.

On this day we also purchased a few stocks such as SWKS that were at a low point and there was a high promise that it would go up.

Friday

Stocks today were neutral for our stocks. We stayed consistent and did not buy or sell anything. Although, we did attempt to sell GFC today but to no luck as they did not go anywhere for us.

The market today closed at a little higher point so it was not so smart to buy or sell.

In conclusion the market did basically nothing today just as we did.

No comments:

Post a Comment