| View previous topic :: View next topic |
| Author |
Message |
Gamepro65
Registered User
Joined: 02 Dec 2001
Posts: 710
|
 Posted: Mon Oct 03, 2005 1:13 pm Post subject: Stock Market |
 |
|
Hey guys, well my school has decided to let us have a online stock market game. We get $100,000 to do pritty much what we want. But if we come in first over all then we get to have a sweet lunch away from school for a day, which sounds good to me. So i was wondering if there are any stock market savvy people that could give me tips or anything about it, please pm me. Any help is appreciated, thanks.
-Gamepro65
_________________
 |
|
| Back to top |
|
 |
bullseye lespaul
Ville Supporter
Joined: 11 Jul 2005
Location: fayetteville ar. guild <eVa>
Posts: 516
|
| Posted: Mon Oct 03, 2005 1:55 pm Post subject: |
|
|
| xm radio is pretty much always goin up, the best thing to do is look at your options, what companys products r new and selling like crazy and what your time limit is makes a diference, you buy cheap and sell high! |
|
| Back to top |
|
|
Ricen
Server Admin
Joined: 01 Sep 2005
Location: Tennessee Guild .TVR
Posts: 1195
|
| Posted: Mon Oct 03, 2005 2:25 pm Post subject: |
|
|
Just a guess, but now would seem to be a good time to have stock in an oil company.  
You may also want to take a good look at "Landstar" and or "Qual com"
_________________
"It is foolish and wrong to mourn the men who died.
Rather we should thank God that such men lived."
- General George S. Patton, Jr |
|
| Back to top |
|
|
Mike
Registered User
Joined: 23 Nov 2003
Location: New Jersey
Posts: 1759
|
| Posted: Mon Oct 03, 2005 2:46 pm Post subject: |
|
|
lol i had the same thing in fifth grade and i dumped all of my money in expedia and it shot up really high and i made a ton of money. too bad it wasn't real money, i'd be rich.
_________________
R.I.P. Blue |
|
| Back to top |
|
|
Gamepro65
Registered User
Joined: 02 Dec 2001
Posts: 710
|
| Posted: Mon Oct 03, 2005 2:54 pm Post subject: |
|
|
thanks guys for the input, i have untill like december 12th i think, some time around there. It just started today so im lookin and researching about this filth.
_________________
|
|
| Back to top |
|
|
DJ George
Server Admin
Joined: 25 Mar 2003
Location: Where the music is loudest
Posts: 1677
|
| Posted: Mon Oct 03, 2005 3:46 pm Post subject: |
|
|
Alright, now what you got to do is, take half your money and put it in a big mayonnaise jar and burry it in th back yard, then take the other half down the the race track and bet on the dog who does his bussiness right before the race
_________________
http://www.barbertonrhps.com - The offical Website for Barberton's West Theater Rocky Horror Picture Show in Ohio
http://russellsoundlab.com - Disk Jockeys
 |
|
| Back to top |
|
|
KopiKat
Registered User
Joined: 15 May 2002
Posts: 923
|
| Posted: Mon Oct 03, 2005 4:58 pm Post subject: |
|
|
If you're lookin to do well, invest here's a good idea: pay attention to 52 week high's and lows
Usually if a company is trading at it's 52 week low or below, it has the tendancy to be under valued, and usually will go up at least some. If it's trading at the top of it's 52 week high, then it's anyone's guess wether it'll keep going up or go back down.
Also look at price to earnings ratio (P/E), if a company has a low P/E (like around 12 or something like that), it usually means it's a strong stock and will stay steady for you.
In addition, look at long term trend graphs, and see which stocks have that nice exponential increase over time (such as Apple and FRT).
Market sectors to watch for bright burners in are: Tech, Housing, and Oil.
Hope that helps,
-KK
_________________
 |
|
| Back to top |
|
|
ROOFCUTTER
Server Admin
Joined: 12 Aug 2001
Location: =USV=
Posts: 9271
|
| Posted: Mon Oct 03, 2005 5:39 pm Post subject: |
|
|
Buy low sell high...repeat
_________________
Only in America......do they have drive-up ATM machines with Braille lettering. |
|
| Back to top |
|
|
Gamepro65
Registered User
Joined: 02 Dec 2001
Posts: 710
|
| Posted: Mon Oct 03, 2005 5:46 pm Post subject: |
|
|
| KopiKat wrote: | If you're lookin to do well, invest here's a good idea: pay attention to 52 week high's and lows
Usually if a company is trading at it's 52 week low or below, it has the tendancy to be under valued, and usually will go up at least some. If it's trading at the top of it's 52 week high, then it's anyone's guess wether it'll keep going up or go back down.
Also look at price to earnings ratio (P/E), if a company has a low P/E (like around 12 or something like that), it usually means it's a strong stock and will stay steady for you.
In addition, look at long term trend graphs, and see which stocks have that nice exponential increase over time (such as Apple and FRT).
Market sectors to watch for bright burners in are: Tech, Housing, and Oil.
Hope that helps,
-KK |
ok Kopi, now i must ask you where can i find this info? like im lookin on the site that we were givin to do all the stuff, but nowhere does it list like companies, im like so lost when i look at things like the dow jones and new york stock exchange. is there any way someone could explain this?
_________________
|
|
| Back to top |
|
|
Warhammer
Server Admin
Joined: 12 Aug 2001
Location: Atlantuh, Jawjuh
Posts: 1226
|
| Posted: Mon Oct 03, 2005 7:04 pm Post subject: |
|
|
KK's advice is good but it's more for long term investing, not short term like this game you are playing. Your best bet is to track some stocks in the paper, and keep an eye on those that are steadily going up in small increments. With the price of oil the way it is these days, I would also recommend Oil stocks - exxonMobil, BP/Amoco, Chevron, etc. You can look at charts of their past performance to see where it seems to be heading.
_________________
Support wildlife. Throw a party! |
|
| Back to top |
|
|
sgt stutter
Server Admin
Joined: 12 Apr 2002
Location: Southern CA Guild: <eVa> & V$
Posts: 2866
|
| Posted: Mon Oct 03, 2005 7:51 pm Post subject: |
|
|
I've always found alot of good info on stocks and such here --> http://www.fool.com/
Good luck. 
_________________
click--><eVa>SuperGreg
R.I.P Trigger Happy |
|
| Back to top |
|
|
gator
Ville Supporter
Joined: 11 Jul 2005
Posts: 59
|
| Posted: Mon Oct 03, 2005 8:20 pm Post subject: |
|
|
| Gamepro65 wrote: | | KopiKat wrote: | If you're lookin to do well, invest here's a good idea: pay attention to 52 week high's and lows
Usually if a company is trading at it's 52 week low or below, it has the tendancy to be under valued, and usually will go up at least some. If it's trading at the top of it's 52 week high, then it's anyone's guess wether it'll keep going up or go back down.
Also look at price to earnings ratio (P/E), if a company has a low P/E (like around 12 or something like that), it usually means it's a strong stock and will stay steady for you.
In addition, look at long term trend graphs, and see which stocks have that nice exponential increase over time (such as Apple and FRT).
Market sectors to watch for bright burners in are: Tech, Housing, and Oil.
Hope that helps,
-KK |
ok Kopi, now i must ask you where can i find this info? like im lookin on the site that we were givin to do all the stuff, but nowhere does it list like companies, im like so lost when i look at things like the dow jones and new york stock exchange. is there any way someone could explain this? |
Give us more information on the contest. How long is it? What site were you given? What have you learned so far? That might help a bit.
As far as finding companies, start with something simple. I assume you're trying to figure out the symbol for companies traded on the stock market.
Use this:
http://finance.yahoo.com/l
To search for a company by it's name and locate its appropriate ticker symbol. For example, searching for McDonalds would give a result of "MCD".
To find companies on the market, start out with companies that you've bought products of, eaten at, etc. For example, McDonalds, GE, Home Depot, Apple, Wal-mart, Gamestop, Best Buy, Starbucks.
IMO, stock market games are crapshoots. You're better off learning about stocks/markets than trying to pick companies that may increase in price rapidly over the duration of the contest. Let's put it this way - if it was so easy to make money in the market, everyone would win.
Links to information:
www.fool.com - Commentary
http://investopedia.com/dictionary/ - Dictionary of terms
http://stockcharts.com/def/servlet/SC.scan - Lists for things like 52 week highs/lows |
|
| Back to top |
|
|
KopiKat
Registered User
Joined: 15 May 2002
Posts: 923
|
| Posted: Mon Oct 03, 2005 10:06 pm Post subject: |
|
|
finance.yahoo.com is where I get my info from usually.
Occasionally if you want good choice advice you could go to www.fool.com, or www.forbes.com, but you have to keep your eye out for BS and bias, it's common htese days.
-KK
_________________
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
