buseng stock game report

buseng stock game report - Tom Keagle 39-200 Lancet Stock...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Tom Keagle 39-200 – Lancet Stock Game Report For this trading game, I used various methods to get to where I ended up at the profit I earned. I started off by shorting Bridgepoint Education (BPE) because I saw it on the popular shorts part of the Virtual Trading Game. That strategy failed as the stock went up so I covered it and I went with a new strategy. I then bought three stocks of companies that made products that I personally used and liked. I bought 50 shares each of Under Armour (UA), Walt Disney Company (DIS), and Yum Brands Inc (YUM). Then, I checked CNBC one day and looked at an article that was saying featured stocks to buy and bought some of the featured stocks. I shorted 100 shares of Talbots Inc (TLB) and bought 100 shares of Biofuel Energy Corp (BIOF) and Jamba Inc (JMBA) as recommended by CNBC. Also, the article said that the gambling industry was on the rise and so I bought 500 shares each of Las Vegas Sands Corp (LVS) and MGM Resorts International (MGM). At the same time I bought 200 more
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 10/19/2011 for the course BUS 70160 taught by Professor Kesden during the Spring '11 term at Carnegie Mellon.

Ask a homework question - tutors are online