Stock Markets Exposed
STOCK MARKET GAME HELp???
I am playing a game with my friends... Well, 44 of them. It is a stock market game on http://www.virtualstockexchange.com. This is a game for stocks. We started out with $100,000 and i spent all of it. We made a deal that we can do any cheat we want if we find it... I wuz wondering if there are any of them for virtualstockexchange.com Also, can u rate my portoflio and tell me what i should keep, get, or sell??? It is reletivley long term... I still have 158 days left. Y AM I IN 39th place?!?!?! here are my stocks. 500 shares of Sketchers. 1000 shares of Quest Entertainment. 1500 shares of Cisco Systems 200 shares of Johnson and Johnson 170 shares of XTO Energy 385 shares of Crocs and 250 shares of SIRF Technologies. and for some of them.. for example, Cisco, they are up 53 cents today, but it says that i have lost 210 dollars... HOW IS that possible?
Public Comments
- Sell all of them and buy VCLK it is down to $21.00 and is expected to rise to $35 by the next week.
- get rid of Sketcher, crocs SIRF Quest "and for some of them.. for example, Cisco, they are up 53 cents today, but it says that i have lost 210 dollars... HOW IS that possible?" when did you buy CSCO? if you bought it a few days ago and it went down then it could of went up today and your still in the red buy Etrade on a dead cat bounce
- Quest, J&J, SIRF and XTO were DOWN today. Do you have a thing for shoes? Why "invest" in TWO shoe companies? I'm not too clear on Quest Entertainment, although I did try to find them online. It's good this is just a game. You could learn from it. I suggest that you diversify your portfolio. And stick to large cap stocks with dividends. Companies like MO, KO, DE, etc. Tech is very risky right now (duh!). I'd cut my losses and find something else to invest in. Also, when gas is HIGH $$$$, so are energy stocks. Personally, I stay away from retail, automobiles, aerospace and financials. Stick with products that you, your friends and your family use on a regular basis. Stick to companies that are going somewhere. Not because the stocks are selling for cheap. If you follow the "fad" businesses, you lose. And if you "buy and hold" and expect things to get better $$$, don't kid yourself. It's okay to bail on a stock when it is clearly fading and not meeting your expectations.
