Hi everyone – Every person in the class will be making a minimum of 3 separate trades each week throughout the semester. Each Monday night, your team will present the results of those trades. Here’s what each slide should show, exactly:
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Name of Company + its stock symbol
Date of purchase/How many shares bought & price per share
What was the closing value for that investment/how much did you make/lose when you sold them, if you sold them before Friday. Do not report the value of your shares as of Monday when we meet – just the value as of close of trading on Friday.
What was your rationale for making the stock purchase? Give a clear justification based on data, not gut feelings or “liking the stock.” 🙂
Here are the 3 stocks:
1- Advanced Micro Devices, Inc. (AMD) was bought Thursday 08/23/2018 . Reason bought: high volume upward spiral. capital investment: 60,131.89$
|2,737 shares||$21.97 price paid||23.98 last price||1.69 days change||5,501.37 profit||$65,633.26 market value||9.15% gained|
2- Tesla (TSLA). was bought Thursday. Reason good news on that day. Please read news from that day. bought Thursday 08/23/2018 . capital investment: 84,739.20
3- I went short on Ali BABA (BABA). Reason Trump tariffs and bad news and high volume. Please read news on that day. Bought Thursday 08/23/2018. Capital Investment 63,799.20