Thursday, October 6, 2011

3rd blog

Vocab:
Risk- the risk in a financing project that wont make enough $ to cover all its costs and debts.i bought a stock and i thought i was going to get 100,000 but ony got 2,000 dollars im at risk!
Small cap- stocks wit small marketcapitalization. The candy store in powell is a small cap company.
Mid cap- stocks with medium or middle capitalization. ITT Educational services is a mid cap company.
Largecap- stocks with huge capitalization. Apple is a large cap corperation.

journal: one of the stocks i chose this week is American Eagle. i like their cloths and they have competition between areopostal and buckle. I dont have a lot of their products but when you look for good sales they have them. their 52 week high is 76.42 and  purchase price was 12.oo dollars and now the current price is 12.10 dollars so far im making money off of it.

transactions;
:i bought ipgp (photonics corps) because they have a pretty good week out look and their 52 week high is 78.59. IPG Photonics Corporation (IPG) is highly integrated developer and creator of a line of fiber lasers for different ways in various markets. The Company's diverse lines of low, mid and high-power lasers and amplifiers are used in materials processing, advanced, communications and medical applications

last word;
im short selling apple now because of the death of Steve Jobs he was the heart of the company and with him gone the investment wont be there for me anymore. the revealing of the new Iphone is here and everybody that has seen and tried it think its a waste of money. the other company i will write about is  CHINA PETROLEUM & CHEMICAl. this is a risky investment but so far it has been a good idea because its the only thing that is up for me besides american eagle. this is a large cap co. i will sell it within the next week just so i dont lose anymore money.(better safe then sorry)

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