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Friday, September 30, 2011

Journal for Week 2:

I bought BKE because they are a good seller. I bought this stock at almost $40.00 a share. They have the best clothes for fashion. I got this stock believing it will go up at least 15% to about %65.00 since there really isn’t another clothing company that compares to it. American eagle and hollister are it’s competitors.

Another stock i bought was APPL which is Apple. This stock i got for $383.01 a share. I only bought 50 shares. I got this stock assuming that it will go up according to the new phones and ipads it has coming out. Im hoping it will go up quite a bit; at least 25%. It has competitors and they are GOOG and HPQ.

2 comments:

  1. This post explains alot of why you bought these stocks but it doesn't have anything about the 52 week ranges so that would be something to work on

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  2. Paris,it's good that you have competitors listed, but some detail about if they are doing well or not would be nice. You seem to be very confident in BKE but why? Are their yearly graphs high around this time of year? have they showed a steady rise up until now? Your Apple transaction seems strong because you make it obvious that it's a trade because you have a catalyst. You listed their competitors, but maybe research and see if they have any products coming out around the same time Apple does. If so Apple share prices may not experience the spike that you expected. And back to BKE, is this a trade or an investment?
    ps. nice job in the rankings :)

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