Thursday, February 8, 2007

Stock Market Game - 1 - Initial Investment Strategy

Before I chose my stocks for the game I did alot of research. I scoured the internet for the best stock and I found many helpful resources from websites such as New York Times and Forbes. I chose my stocks based on information found on these sites. I could not find enough information on penny stocks though, I usually ran into websites that you had to pay a fee to earn insider information on rising penny stocks. I originally bought stocks from Southwest Airlines (LUV) because I read that they are the only airline company that stays consistently successful. I also bought stock from American International Group, Inc. (AIG), there stock was on the rise. I later bought stock from Google (GOOG). Even though it was highly expensive, I think about $467. But it was only to get more expensive as Google continues to takeover the whole world, they are rumored to be in the bid for Uganda.

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