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Friday, October 7, 2011

Journal Week 3:

I had bought Barrik gold (ABX) for 54.01 a share. In the 52 week range (ABX) was doing good and was suppose to go up. Not sure of many competitors, but this stock isn't very good. So i am going to short sell it.

Jim Smucker the owner of folgers coffee is another stock i bought. I got this stock at 73.67 a share. Foldgers coffee is the biggest coffee company and has a lot of cometitors such as Star Bucks, Dunkin Donouts, and Mcdonalds. In the 52 week range for Jim smucker its was suppose to go up about 3-5%. So i bought it thinking it would go up, but it hasnt much yet.

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