WHAT TO DO?!?!?!

How to use Bollinger Bands while investing

My group has recently invested in GMC the car company. We thought it would be a good idea because the new models for 2103 cars are coming out soon, so all old models will be sold for a cheaper price and many more will sell. Also, people will buy cars for the holidays as presents.

TICKER	Position	Shares or $Value	Last Trade Date	Net Cost per Share or $100	Net Cost	Current Price per Share or $100	Current Value	Unrealized Gains Losses	% Unrealized Gains Losses	Option
EBAY	Long	234	2012-10-17	$48.6820	$11,391.59	$49.3504	$11,548.01	$156.42	1.373	Trade
INTC	Long	400	2012-10-17	$22.0079	$8,803.16	$21.5900	$8,636.00	-$167.16	-1.899	Trade
IBM	Long	200	2012-10-17	$202.6363	$40,527.26	$191.2500	$38,250.00	-$2,277.26	-5.619	Trade
NFLX	Long	251	2012-10-16	$66.7105	$16,744.34	$68.2200	$17,123.22	$378.88	2.263	Trade
WFC	Long	301	2012-10-16	$34.0673	$10,254.26	$33.8700	$10,194.87	-$59.39	-0.579	Trade
GPOR	Long	100	2012-10-15	$32.1584	$3,215.84	$31.7000	$3,170.00	-$45.84	-1.425	Trade
SBUX	Long	100	2012-10-15	$48.1467	$4,814.67	$44.9715	$4,497.15	-$317.52	-6.595	Trade
TGT	Long	101	2012-10-15	$62.4281	$6,305.24	$62.6400	$6,326.64	$21.40	0.339	Trade
TOTAL								-$2,310.47	-2.264%

 

·         EBay which is a website to buy and sell items we bought because we assumed holiday shopping will begin soon and this is a website that will be used a lot within the next few months.    

·         Intel Corporations which is a software company we bought because it was low and we took a risk for it if it might go up.

·         IBM is a technology company that we bought because it is publicly known as always doing well.

·         Netflix is a video company that we bought because it is good business that everyone is starting to have in their household.

·         Wels Fargo is an online banking company that is known to do well and was low, so we decided to buy it.

·         Golf Energy Corporation is a gas/oil/energy company that we bought because it is not a popular business that we thought can be on the rise.

·         Starbucks is a coffee shop that we bought because we thought since the weather is getting cold and it is the holiday time’s people would like coffee, hot chocolate, tea, and other hot drink items.

·         Target is well known business that sells everything from food to bikes. We bought this company because around this time people will be buying candy for Halloween, and start buying for the holidays coming up.  

Over the past two weeks my choice of stock went down. I baught StarBucks because I thought it would go up over this time of year. Right now its starting to get cold and everyone is in the Fall mood, and wants coffes. StarBucks offers many seasonal coffee's to go with the season. I thought because of that people will be buying more coffee's and the stock would go up.

About JJ

 

I am a junior in highschool.

I play football and lacrosse.

I have a dog named Rudy.

I have two older sisters.