Woche vier

Tap tap tap choose would have been amazing with this stock ABCO if we had decided to believe in the company and its growth. Instead we shorted and it grew by about $3.00. NOT COOL!
It looks like Wisdomtree Largecap Growth is doing just fine though so that makes us happy!

LULU is cleaning up on the American side so why would we not buy on the Canadian side also? Well I am here to tell you that's exactly what we have done. LULU.TO can make it big. Lets see if the yoga clothing giant can continue to dominate markets all over North America and the world! Winter should not mean that yoga pants go away. It should mean that they come out in forces!


We have seen a three dollar growth in our RY.TO stock so we have made the wise decision to load up on it. The bank is booming out of the recession and we are going to hop on the train to moneyville!


Our portfolio after the fourth week is looking good and we are still sitting pretty in the middle of the pack just waiting for our time to pounce on first place and knock this game out of the park. Can you tell spring training is here?

Semain trois

We sold BUD after the game because we got so caught up in the hype of the PACKERS WIN! It did not pay off we lost about a dollar per stock. That's ok though you win some and lose some.


Kim's experiment in researching stock did not work! Probably if we had left it a little bit longer we would have been ok, but we decided to sell at about $0.60 discount.


Wisdomtree Largecap Growth or ROI seems to be our new friend. This was another tap tap tap choose technique and we are going to buy. The stock has been plummeting and it has hit a 5 week low. We believe that this company is going to explode in the near future because of the growth they have seen this year. Hopefully we are getting in at the bottom of this drop and there will be some major growth!
LET'S GO WISDOMTREE LARGECAP GROWTH LET'S GO!

Semana el número dos

So Superbowl is upon us. We decided to by more BUD and it is paying off! The stock is up! Probably our best bet is to sell friday though as sales will go through the roof and then a major decline after the weekend. We have profited so we will take our winnings and go!


We also came up with a new stock buying technique and its called the tap tap tap choose method. We blindfold a group member they tap 3 letters and whatever stock comes up we decide if we are going to buy or not. In this case we found the Advisory Board (ABCO). We looked at the stock history and realized that it was a perfect stock to try our short selling skills! We shorted it and won! Hooray!


We looked at the numbers for our 3rd trade of the week and read some articles and did our due diligence! (Kim took the lead on this one and forgot to tell Dan and I)
She bought Research In Motion stoc. Apparently since their release of the tablet they have been climbing. Also with their new add campaign for the special apps that they ahve for their smart phones the stock has been popping! Thank you Kim we will see how RIM.TO does in the coming days.

OFF WITH A BANG!

A new stock class a new game, yahoo! Graham, Kim and I have teamed up to play this semester's game!
We've divided up our stock picks, Graham is a big believer is beer, he keeps on talking about the Superbowl and how that will drive up the stock price and we'll make big dollars. So far this has not happened but I guess we will give him the benefit of the doubt.                                                                                     


Kim has decided to buy Lulu Lemon, I like Lulu Lemon. I think they are also a pretty solid/safe investment.  As our blog name suggests we're pretty elementary here, I think our motto will be to keep it simple and safe or at least we will try to.                                                                                                                             


I bought RBC I figure it'll be safe - call it boring and it is but it shold at least not lose us any money! I am         going to buy us some RIM, there was a good article not too long ago in the Globe and Mail concerning RIM and technology in general, I will paste it below.                                                                                            

Top hedge fund manager turns to tech micro-caps                                                                      

SHIRLEY WON — INVESTMENT FUNDS REPORTER

Canada’s best performing hedge fund manager of the past year has generated triple-digit gains from surging resource stocks, but now expects market leadership to switch to technology wallflowers.                            

“There will be a pullback in resources this year,” predicted Steven Palmer, the president of Toronto-based    AlphaNorth Asset Management Inc. “By the end of this year, resource stocks will be flat to modestly higher, but returns won’t be as good as we experienced in 2010.”                                                                            

In contrast, large-cap technology stocks such as Research In Motion Ltd. (RIM-T61.45-0.27-0.44%) are looking attractive as they “have been beating earnings estimates, trade at cheap prices, have tons of cash on their balance sheet and have been buying back stock,” said Mr. Palmer, who runs the $65-million                AlphaNorth Partners hedge fund, which garnered a stellar 114-per-cent return in 2010.                              

The Article goes on to talk about how Technology will go up and resources will go down - in general. So as a result of this we have decided to buy some RIM! I am happy about this because I think it is a pretty safe     industry to invest in and it is a Canadian company - yay!                                                                             

Week 1 of the GAME!

We have a new strategy for this game. It's name is KISS. Keep It Simple Stupid! We have decided to make 3 trades a week We know that this is the minimum, however, we believe that by doing our homework, and finding the best stocks for out portfolio we will stay even and grow. This is important, as people have BIG up's, and BIG down's we will be able to come out on top. It is the tortise approach to the stock game, but we believe it to be our best approach.


Our first stock we bought into was Annhauser-Busch brewery (BUD). We know that superbowl is coming up and the stock price has been falling. We intend to buy low and sell high. This has worked in our favor as the price of the stock has risen everyday since we bought it. Our projection is for it to max out Superbowl Sunday. GO PACK!


Next we bought Lulu Lemon on the State side (LULU). There has been major growth in the athletic apparel company in the past year. They have opened stores in emerging markets where health, wellness, and yoga have been gaining popularity exponentially. This is a great buy and will continue to make us money! Also it looks good!


Lastly on the Canadian side we bought Royal Bank Stocks (RY.TO). This bank reported earnings of 374M in the 4th quarter of 2010. As the economy recovers Royal Bank looks to lead by example and continue growing into the future.


Thats all for now!