All trades talked about are done via wall street stock survivior, this is a site that uses live feeds of stock prices and allows people to gain experience in a risk free manner.
Last week was a rather bothersome week on trading as most of my hopes were pinned to blackberry, i first bought this share at $13.10 a good few months ago and then it hit 30% growth, for me this was outstanding as i had only forecasted a 15% profit on this stock, but i believed i could get more out of this stock and so with BB10 launch a few days around the corner i kept it, much to my shock and horror BBRY plummeted taking all profits on the stock with it and also plunging into the minus, i was not going to sell however at a loss and so kept the stock, this week when the stock hit $16.01 i decided to sell, later on that day i saw the stock had dropped back down to $15.90 and i promised myself if BBRY went back down into the 15.80's i'd buy it, about 30 minutes later i was given my chance, i saw the stock had dropped 4 points to $15.86 and so i seized the day (carpe diem), rolled the dice and bought it again, currently the stock is at $16.49 (down 0.47) and so it will be interesting to see this one play out.
By far the best surprise of the week was Activision Blizzard, for quite some time now this stock has been sitting stagnant in my portfolio fluctuating around the point i bought it ($11.33), i was tempted to sell this stock numerous times when it was earning me a tiny total of just $75 on 1,000 shares, i always wanted this stock as a long term investment however as they have a rather well built moat with a high cash pile and 0% debt to asset ratio, surely one day this stock will be a new high, then late thursday they published there profit reports and showed it was a new highest revenue for the company, i sold this share for $13.41 on friday banking the $2,085 this investment made me and i have every intention of buying again some day, i believe this stock for now will depreciate in value as they will be unable to maintain the current revenue income, but instead this stock will be a good long term investment.
Every week i plan to do a section called "why are you even in my portfolio"
This weeks award goes to starbucks
Please don't get me wrong i'm happy i bought it at $47.43 (when they were being sued by the British govermount) as I've nearly earned $10 dollars a stock on this investment but the question remains why is it in my portfolio, i like to invest in technology and unless i'm missing something coffee is a service not a form of technology, i don't really track this stock at all but i like sitting back and reaping in the profits from it, i understand the company and i understand the business model i just don't understand starbucks why are you even in my portfolio?
Another topic i'd like to talk about every week is "teenage traders top choice for next week"
in this topic i will talk about what stocks i am considering buying, the first of the two and more likely is ebay, ebay to me apears pretty undervalued as it is at the heart of most online transactions and so i can see this being a good long term buy, the other is microsoft, don't ask me why i just see this stock rising in the future, i probably wont buy this but i'll keep an eye on it
this week my portfolio was up 10.27% and my portfolio BETA is 0.7
No comments:
Post a Comment