1. So… first chance to get in touch with the world over Winter Break
Hey guys! Hope you’ve had fun making snowmen so here’s a little update while you’ve
been out sipping on some hot cocoa with marshmallows (yum!). Remember how I said
try to keep in touch while you’ve got some spare time? Well, I’ve been so gracious, I
decided to save you more of that spare time! I know, I know, it’s really no problem.
The link I’m attaching here is a link from Wall Street Journal Online. They have some
pretty interesting articles on there. The one I’ve attached is about Netflix and predictions
for Netflix in 2011. Now’s a really good time to surf some more since a lot of predictions
for the New Year will be out, so based on what you’ve seen so far and what you hear
from these guys, you can make some better judgments about new Stock Picks.
And you know what? If you feel you’ve done really bad this year, feel free to create a
brand new portfolio and start afresh. Remember we’re trying to experiment here so we
can see what works and doesn’t work. Last year, maybe you invested heavily in one
industry and lost a lot of money; this year, try diversifying a little bit and branching out
into more industries.
So, here’s the link. You should be able to read the full thing. If you can’t try creating a
new account. It’s free and you can just log in through Facebook. At the top there should
be a couple of tabs like Article, Video and so forth. There’s even a discussion board so if
you want, you can add some of your own comments and ideas and ask others any
questions you have.
And in the article it mentions going “short”. What that means is selling a stock before
you buy it. So say you sell short a stock at 56$ a share, and you buy to cover at 27$ a
share after the stock tanks. Then technically, you made 29$ a share per share that you
bought. If you bought a 100 shares, then you made 2700$. People usually do this when
they know a stock is going to go down. So right before the BP oil spill, people sold short
their stock and bought to cover at a lower price. So if a lot of a company’s stock is being
sold short, that means… people expect the price to go down!
All right, now have fun!
http://online.wsj.com/article/SB10001424052748703548604576037920087686958.html?
mod=WSJ_Stocks_MIDDLEROI
$Big Money$