Stock Watch

[Kim500]

PetSmart (PETM)

I invested all my points in this stock because I think that with the separateness between people, lack of peace, justice and morals in this decadent society, it's only going to get worse and people are going to turn more and more to pets to find warmth, love and comfort. So I believe this stock will thrive even in the midst of a recession.

*I sold all my stock this morning (with a profit) before the NASDAQ opened and my plans are to buy it low again but we'll see what I decide to do!

 

[Kim500]

PetSmart (PETM) My Stock Watch Update:

I decided to buy back my stock in PetSmart. It was a little high but I decided not to abandon them in case they fall off the Fiscal Cliff and need stockholders to keep their money in their company! I don't want them to crumble. I want them to survive these times so they can thrive in the future! (I explained that above!) Yes, I DO know it's a game!! *winks*

 

[anthony]

Pretty funny nonetheless Kim...

 

[Kim500]

He he! I'm trying to do this as I would try to do it in real life to see if I would make money and where my morals would be! In other words, no questionable pharmaceutical stuff! (Insert three-eyed green monster smiley!)

 

[anthony]

I'm added some suggestions to the maker of the game to improve it, like the ability to self-invest on a stock. Basically, as your single stock grows enough profit to buy another share, you can option it to do it or not, thus creating a perpetual investment on a stock by stock basis.

I've also approached them about being able to categorise the stocks into workable, manageable categories, i.e. low risk, medium risk, volatile (and needs hourly / daily watching).

See what happens...

Updated: The developer just informed me that an advanced portfolio update will be due the first quarter 13. So a nice upgrade early next year some time.

 

[anthony]

Tragedies aside, and not for discussion here... as a result of the most recent mass killing in America, three stocks to watch and profiteer from if within the US, and able to day trade, are:

• RGR - Sturm, Ruger & Co
• CAB - Cabela's Inc
• SWHC - Smith & Wesson Holding Co

I'm starting to scare myself on my analysis of this stuff...

Although... I honestly don't believe its rocket science to follow the obvious.

 

[anthony]

My stock watch today is a little test of 13 key stocks that fell in the arse in the last 24hrs, which I expect some growth from when the stock market opens in the morning. I will leave them run, wakeup in the morning, and then sell them all... hoping the overall growth outweighs any further losses that one or more may decide upon during the day due to the market fallout as a whole.

A rocky day ahead... though I'm figuring that economists are still greedy and don't care where they make a buck. So if I figure right, then I will see whether such a big range pays off or not.

I would have preferred to watch about 3 of them closely on market open, which I'm pretty confident will make a good profit for the day, though the negatives of the market collapse could screw this little test over for me to.

13 stocks, $1,000 in each... not really anything to care about!

 

[piratelady]

I will not be able to watch my stocks while at work today, due to oodles of meetings. :nailbiting: I might actually sell out here pretty soon, if my green doesn't get the better of me.

 

[anthony]

Nice pick kodiak with the (AMPL) stock... impressive profiteering with 60% plus.

 

[Kim500]

I found this quote today and thought it was something to consider when choosing stocks to invest in. Do you dare to swim upstream? ;)

"History shows that where ethics and economics come in conflict, victory is always with economics. Vested interests have never been known to have willingly divested themselves unless there was sufficient force to compel them." - B.R. Ambedkar

 

[anthony]

I wanted to test a little hypothethis of how bad a broad portfolio would be impacted with the start of the cliff, knowing it was happening any day... so before the market opened I laid $1 across 50 stocks to see what happens. I have to say... I see the power of diversity with the complete madness that began in yesterdays trade, I only lost $400 out of the $50k, as most went down less than a percent, but a few went up 10+ percent, which bolstered the losses.

More testing the knowns of this stuff for myself, for my own portfolio I'm building for the new year. Well... amongst the obvious capitalisation I plan to do with some key companies depending on how much they fall with all this cliff stuff.

Upstream it is... whoo hoo!

 

[AS1975]

At present I'm being guided by both the market and the analysts, the smart money seems to be heading to mining and mining related stocks. There is one awfully cheap ASX stock, that I know for a fact is going to connect to the Hancock raillink to Abbot Pt, which will make it hell viable and it is about 8c at present.