Stock Market Game - Page 17 - RC-Monster Forums

Finnster · 10.30.2009, 11:53 AM

I have one small one that is making vaccines and is working on an H1N1. Not a whole lot in it tho. I'm always iffy on the biotechs tho. So much can go wrong, and its an expensive business to start with. Lot of returns possible, but lots of risk too.

lutach · 10.30.2009, 12:03 PM

Quote:

Originally Posted by Finnster

I have one small one that is making vaccines and is working on an H1N1. Not a whole lot in it tho. I'm always iffy on the biotechs tho. So much can go wrong, and its an expensive business to start with. Lot of returns possible, but lots of risk too.

Risk is there, but with the GOV involved in this I think returns outweighs the risks. Scare tactics will play a big part in this and with more and more getting the vaccines, the companies making it will just profit more from it. Nice profit for a not so big Pharmaceutical company could mean big bucks if a bigger company is looking at them. You know who wins when that happens right?

Finnster · 10.30.2009, 04:38 PM

Quote:

Originally Posted by lutach

Risk is there, but with the GOV involved in this I think returns outweighs the risks. Scare tactics will play a big part in this and with more and more getting the vaccines, the companies making it will just profit more from it. Nice profit for a not so big Pharmaceutical company could mean big bucks if a bigger company is looking at them. You know who wins when that happens right?

Do you mean somebody other than the shareholders who see their shares rise many multiples?
..Wondering what you are up to now..... :)

lutach · 10.30.2009, 04:41 PM

Quote:

Originally Posted by Finnster

Do you mean somebody other than the shareholders who see their shares rise many multiples?
..Wondering what you are up to now..... :)

You got it, but there could well be others as well on the side.

I'm up to something and it's a bit complex for me to discuss it here, but the world will soon find out when all the information is in my hands.

PedeBasher · 10.30.2009, 04:49 PM

We started this game at school. We arent using the same game but we get $100,000 to start with and can invest in any stock and it has to be a minimum of 100 shares. So far my group has invested in Apple hoping it will rise back up with the new computers and iPhone they just came out with. It is pretty fun.

lutach · 10.30.2009, 05:02 PM

Quote:

Originally Posted by PedeBasher

We started this game at school. We arent using the same game but we get $100,000 to start with and can invest in any stock and it has to be a minimum of 100 shares. So far my group has invested in Apple hoping it will rise back up with the new computers and iPhone they just came out with. It is pretty fun.

With $100K, you would profit more from a lower priced stock. A company with not so many competitors with real cash on hand. A few people thinks Apple will not go much higher and you don't want to get caught on a downward trend of a stock. Think about it: at $188 would allow you to buy about 530 share and lets say it goes to $200, you'll only profit like $6,300+. Now lets say you use the $100K and buy Microsoft at $27 that would get you about 3700 share and lets say it goes to $30, you'll make $11,100+. Quantity rules.

PedeBasher · 10.30.2009, 08:11 PM

Well I will keep that in mind when I go in to check our status and do some trading on Wednesday. We have like 25 shares of Microsoft right now so I will see what we bought it at and how its doing.

lutach · 11.01.2009, 08:35 PM

CIT files for CH 11. I hope it doesn't cause a panic.

Finnster · 11.01.2009, 10:11 PM

Quote:

Originally Posted by lutach

CIT files for CH 11. I hope it doesn't cause a panic.

IDK, its been coming or while so its not exactly a shock. OTOH the market has been jittery and CIT has a large reach.

One way or the other, I'm really wishing I sold more off as I was worried about... oh wells...

lutach · 11.01.2009, 10:48 PM

Quote:

Originally Posted by Finnster

IDK, its been coming or while so its not exactly a shock. OTOH the market has been jittery and CIT has a large reach.

One way or the other, I'm really wishing I sold more off as I was worried about... oh wells...

I thought they were going to get funds from a few places to keep them out of BK, but that didn't happen. The market right now reacts to many things and some doesn't make sense. Any news will make it go either way. I'll hold my positions and see how they react.

lutach · 01.07.2010, 03:53 PM

I should've loaded on GE.

lutach · 01.22.2010, 05:15 PM

Oh boy.

Finnster · 01.22.2010, 05:48 PM

Man, I'd been holding onto a ton of cash since Nov and just bought in on last Fri.

What bad timing. :(

Back to neg buying pwer again... wonder if it will turn back fairly soon

lutach · 01.22.2010, 06:23 PM

Quote:

Originally Posted by Finnster

Man, I'd been holding onto a ton of cash since Nov and just bought in on last Fri.

What bad timing. :(

Back to neg buying pwer again... wonder if it will turn back fairly soon

I'm really hoping it's not the time yet. I would've thought they (The ones taht control the market) would wait a little. Lets see how low it'll go. I'll be holding my positions in the game just to see.

Finnster · 01.29.2010, 06:24 PM

FFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFUUUUUUUU UUUUUUUUUUUUUUUUUU$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$$$$$<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<.

This market sucks. Oh how I wish I would have held onto my cash. I'm afraid to open the game to see how much $$ I'm down.