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Anonymous
Unregistered
Over this last Monday and even last Friday we have seen quite a bounce back in the stock market. With the Dow Jones closing around 9,600 points yesterday. Is this the end of the troubled times?
Will my stocks start turning around and actually making profit?
Lets hope so! (knock on wood)
Anonymous
Unregistered
What do you have stocks in?
Anonymous
Unregistered
AMD, Nvidia, Sirius, and Tim Horton's
bought sirius at 5 cents, its doin stuff for me. lol
Anonymous
Unregistered
Is it hard to learn how to manage your stocks/accounts? I can't imagine being able to keep track of everything and profiting from it. What factors make you decide to invest in particular companies?
Anonymous
Unregistered
Hehe, I hope you're glad then vanquished, I saw yesterday went up a lot! These are hard, maybe mad times now, with the finicial crisis but that means there is also a lot to earn (IF you have the money to invest).
I hope from now on, that the all the stocks restore again. I don't know if you ever heard of Fortis (big Belgium bank & insurrances) but that was really mad. It went from €30 to a sadly €3.20 now...
Anonymous
Unregistered
A lot of people go based upon sheer numbers.
I look at history, and whether or not I have faith in the company.
I invested in AMD, and NVidia because I saw what they have done in the past, and I love those two companies, I have faith they will bounce back, be it in a month or a year.
Sirius was a steal.
I watched it piddle around 50 cents for a month then saw it shoot down to 5 cents and snatched it up. I took a huge risk, since it was on the verge of bankruptcy, but I had a hunch that the only real satellite radio provider in the U.S. just couldn't go under. Sure enough direct tv came along and fronted them 600 million dollars for a 40% stake in the company.
Tim Horton's i purchased as an IPO, it had recently been split from Wendy's and I saw how well the restaurant functioned. I also had an inkling they were planning on moving more into the states. Which they slowly are doing.
I buy stocks more for the possible stock price, rather than the dividends. I choose to make the money by selling the stock at much more than i paid for it. rather than buying a stock like GE and getting steady dividends but rarely any stock price change (though now, even GE dropped way down, and now has room to grow).
Anonymous
Unregistered
AMD also comes from around the 30 dollars. AMD isn't doing that great, but ATI is, so normally AMD stock must be higher then now. It's somehow a stock that isn't really appreciated.
Anonymous
Unregistered
Yep, the difference between AMD and Intel is the AMD is a fraction of the size, thus gets pushed around much more in the stock world.
I'm thinking AMD will have a bounce back soon, its releasing its cutting edge technology sometime next year. and now it has very little overhead since it has a partnering company handle the manufacturing.
Anonymous
Unregistered
People does react extremely stupid sometimes, they are so afraid...
Bank stocks went down just because of one bank; there was no reason to be afraid of ALL banks.
Anonymous
Unregistered
yea, exactly nobody takes risks.
Anonymous
Unregistered
If they would take risk, you were rich by now. :)
BEL20 and Eurostockx50 are doing well here the past days. Dow Jones, NYSE, were doing not that well. It seems the japones stock is doing extremely good; but they are thinking it's going to fast.
Anonymous
Unregistered
mmm,
I'm satisfied with the Dow being at 9,600 much better than being at 6,000.
Anonymous
Unregistered
People does react extremely stupid sometimes, they are so afraid...
Anonymous
Unregistered
I would LOVE to have enough spare capital to play around with the stock market. How do you guys go about managing your stocks? Online I guess?
Anonymous
Unregistered
Yea, I just go through bank of america. Its 10 dollars a change so i try to trade in bulk to save money.
like hundreds of shares at a time.
Anonymous
Unregistered
Thats pretty cool, I'm not sure what they have here in New Zealand though, might check it out some time.
Anonymous
Unregistered
Not sure how big bank of america is. But if you can get a variant of there stock brokerage program I would highly recommend it.
Anonymous
Unregistered
Stock market is doing it well again in Europe, four days in a row! Some stocks went up 10% :O
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