Stock picks

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dudeincolorado
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Re: Stock picks

Post by dudeincolorado »

after a whole year of stock market club i have learned the following
buy low sell high
buy ALOT of stock in apple before a new ipod is released
and don't be afraid to sell...right?
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Re: Stock picks

Post by 2win »

There was this one kid who knew nothing about stock and I spent a class period trying to explain. You'd be suprised at how many students have no idea about stock. I agree w/ dudeincolorado.
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Re: Stock picks

Post by andrewwski »

dudeincolorado wrote:after a whole year of stock market club i have learned the following
buy low sell high
buy ALOT of stock in apple before a new ipod is released
and don't be afraid to sell...right?
Selling is good when done correctly. Generally if you're going to sell, you want to sell when the stock is high. But don't just sit on that money then, unless you expect the market to go down. In which case you should hang onto it until it's lower, and then reinvest. But generally if you sell one stock, you should still invest it somehow. Sitting on the cash isn't a good idea.

About buying low and selling high - yeah, that's the idea behind bull trading. If you're bear trading, you want to buy high and sell low.
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dudeincolorado
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Re: Stock picks

Post by dudeincolorado »

Wait why would anyone want to do bear trading? Wouldn't you loose money?
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Re: Stock picks

Post by andrewwski »

No, you'd make money. Essentially you're borrowing the stocks and then selling them at a high price, and paying for them at a later time, when you hope they're lower. If they gain value then you're paying more for them then you've sold them for, so you're losing money.
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Re: Stock picks

Post by dudeincolorado »

Oh short selling! I got'cha
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Re: Stock picks

Post by andrewwski »

Yep, same things.
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Re: Stock picks

Post by andrewwski »

Would have been a good time to have some Textron.
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Re: Stock picks

Post by Untitled »

I'd probably invest in walmart and some of those in the food processing industry. People always shop at walmart and people have to buy food.
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Re: Stock picks

Post by zeldamaniac95 »

Or cheap clothing stores (with good clothes, not junky clothes) because people NEED clothes.
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