Stock Market Game

[lutach]

Man C is doing a good job for me in the game now. I hope it stays bellow from the initial price I paid to rack up more profit if my other positions goes well to give me more buying power.

[Finnster]

Originally Posted by lutach

Man C is doing a good job for me in the game now. I hope it stays bellow from the initial price I paid to rack up more profit if my other positions goes well to give me more buying power.

I had picked up a little bit last week ~$3.50, not a major position tho.
Curious to your thoughts on C. They've been selling off a lot of units to repay debt, but do you think they will finally breakout from the $4-5 ceiling they've had for the last year?

[lutach]

Originally Posted by Finnster

I had picked up a little bit last week ~$3.50, not a major position tho.
Curious to your thoughts on C. They've been selling off a lot of units to repay debt, but do you think they will finally breakout from the $4-5 ceiling they've had for the last year?

Well, C like many other banks in my point of view stands for "Criminals" . Now, if you want to look at it another way "$$$$$", it can make you some money, but "When?" is the magical question. All the large cap stocks are good to hold specially the ones at bellow $10. Me personally, I have no stocks , don't really need it now. The real economy (Behind what is posted by the media) looks like crap, so I really don't know if it might be a good time to buy anything that has no value. It's only a matter of time before things might go south for good. I honestly hope I'm 10000000000000% wrong though.

[lutach]

Finally green on C in the game. Lets see how long it'll stay there. I might clean up my portfolio and just go with solid positions. What do you think Finnster? Do you have any good picks I don't know about?