It was a dull gloomy day in Hong Kong and I was lying down on my bed, watching CNBC as usual. I had a huge passion for the stock market. I had lost my job a few years ago when another company bought the company I was working at. I was wondering how it would feel like to work again. As I was dreaming about working for a big, famous company, I heard the reporter talk about a company that was going to go public soon.
“ XTV are going to go public tomorrow!” the reporter exclaimed. “Here at CNBC, we believe that this company has a lot of potential and can grow into one of the biggest companies in the world!”
“ Hmmm. Maybe I can invest in this company once they become public tomorrow. This could be a really good investment” I grinned.
I may not have been rich but I certainly had enough money to buy some stock. I bought one share at $80.00. I was feeling very happy and decided to go out for a jog. After returning, I switched on the television and realized that the stock had gone up $2.00.
“Terrific! This is beautiful! I now know how I will spend the rest of my life!” I said enthusiastically.
I decided that I would wait some more before I decided what he would do next. I thought it over and I wanted to buy more stock. So, I bought three more shares at $82.50 each. I had a great day and went to sleep early.
The next day, I woke up early and turned on the television. To my shock, it had gone up to $123.00!
“This is amazing! This is beautiful! I shall be rich!” I cried. “ I
The stock I chose was Macy’s Inc., since during the month of July they were doing great and each stock was worth $24.20, highest it’s been for the past 3 months. While having to look at the changes on the stock for almost a month, I noticed that the price per stock was lowered each day after I chose to “buy” part of the stocks. The lows aren’t too low while the highs were always above 1%.
3.) In conclusion, buying stocks now can make a poor person very wealthy in years to come given proper research and the tools to do so.
A) What is the possible meaning of the changes in stock price for GEICO and Berkshire Hathaway on the day of the acquisition announcement?
$24, down 39% from a year earlier and 60% from its all-time high of $60 in August 2000. With
During the middle of the simulation My stocks were doing incredible. All of them were up! Which made me want to cash out but I decided to test my luck and see if they go up even more. Resulting in me losing money later in the simulation. My abbvie shares went up to 143.82($12 increase), my Panera shares went up to 251.26($3
They proceeded for this proposal and keeping in mind that they need not to pay any interest, dividends or the $80 per share until we start generating sales. At the same time, the investors will also get their money back plus $120 per share profit. The attorney approved the new stock offering and $312,500 shares of common stock were privately sold
The majority of people started selling their stocks and brokers sent out margin calls. People throughout the country watched the ticker (stock
“I’m definitely up there man, I swear this is my destiny.” Soon a smile filled his own face. Everything felt
The last two months I have been following the stocks, General Motors and Activision. I choose these two companies because I believe they would have an increase in their stocks around the holidays. The first stock I began to watch was General motors. General Motors ticker symbol is GM. According to General Motors Wikipedia page General motors was capitalized by William C. Durant on September 16, 1908 as a holding company.
Kimi Ford read all the analysts' reports that she could find about the June 28 meeting, but the reports gave her no clear guidance: a Lehman Brothers report recommended a strong buy, while UBS Warburg and CSFB analysts expressed misgivings about the company and recommended a hold. Ford decided instead to develop her own discounted cash flow forecast to come to a clearer conclusion.
Due to the United States’ financial crisis, Gajus Worthington, CEO of Fluidigm, had to terminate the initial public offering of Fluidigm’s stock (Ante, 2008). Since many investors feared of losing their jobs, he could not possibly expect them to buy stock if they were not even sure they were going to have a job once all was said and done.
Over the past semester in Economics I have invested in and monitored the stock market. I learned how investing in certain companies can be risky and proper research about the companies are detrimental before buying stocks. Three stocks that have influenced most of my financial earnings and losses include Twitter, Amazon, and Pepsi.
Further, our strategy involved paying attention to current events and attempting to use them to generate a return. For example, Horizon Pharmaceuticals’ stock price took a nosedive after an October 19th New York Times article suggested that Horizon was attempting to thwart Express Scripts’ attempts to lower the price of prescription drugs. The decision was made to buy 100 shares of stock in Horizon when its price spiraled down to a measly $14.62 per share, as we expected Horizon would do something to stop the bleeding, and historically has been a pretty volatile stock. Horizon came back with a scorching rebuttal in an open letter later that day, spiking its stock price more than 30% on October 23rd, and by October 28th, this move landed us our greatest return of any stock that we purchased and held until the end of the period: 18% (see appendix).
Question# 1-1: If you bought a share of stock, what would you expect to receive, when would you expect to receive it, and would you be certain that your expectations would be met?