Stock pick - To begin to prepare for the investing topic you have the following assignment Stocks are small pieces of ownership in a company that

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To begin to prepare for the investing topic, you have the following assignment. Stocks are small pieces of ownership in a company that is traded on the stock market. When you purchase a stock, it may or may not be worth much more when you decide to sell it. Back in the 1980’s when college students were still pecking out their term papers on typewriters, a company called Microsoft went public. Ten years later, computers were everywhere and the term “Microsoft millionaire” had become part of the American lexicon. Amazon stock plummeted to around $5 at the end of 2001, and stock analysts were calling it dead meat. Some investors scoffed at the experts and put their money where their laugh was. It was great timing for those who went for it. Amazon ricocheted off of the bottom and soared to over $50 a share within two years. Nice. Now the stock is worth over $200 per share. Unfortunately, for every jackpot story, there are a thousand other tales about investors who lost barrels of money speculating
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This note was uploaded on 02/18/2012 for the course FINA 1100 taught by Professor Dr.anthony during the Fall '11 term at Tallahassee Community College.

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Stock pick - To begin to prepare for the investing topic you have the following assignment Stocks are small pieces of ownership in a company that

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