Monday, February 28, 2011

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.

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