Friday, March 26, 2010

Jack O. Stock Summary

At the beginning of buying our stocks, I started with $10,000. At the end, I was left with $9858.88 and lost $141.12. Although I lost money, I thought I did rather well. All but one of my stocks went up and the one that went down really plummeted badly. Sirius XM Radio got me $122.44; I gained $131.20 with Electronic Arts inc. as well. Red Robin's stock gave me the most money with $568.80 and Columbia did well too and got me $269.18. Last and definitely least, I invested in Conolog. I didnÆt know what it was but saw it was rising dramatically so I bought it. Turns out I lost a total of $1232.74 which ultimately, made me lose as much as I did. If I could do this again, I would definitely research a stock before I invest a lot of money into it. I would also recommend investing in something you know is a solid company and other people you know use it and love it. My experience in the stock market was great, even though I didnÆt do all that well.

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