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.
Threaded Mode
