Vikki's+Page

This page will show our team's progress and any notes I have pertaining to the stock market game.
2/22- Bought EBAY (100 shares)- thought it was a popular corporation to buy into, with ever rising bidding and auctioning throughout the world I was convinced it would be a good buy. -bid price 23.08 -ask price- 23.33

2/23- Sold EBAY (100 shares)- Really wasn't used to the Stock market mechanism and it went down, so I sold it. - sold at price of 23.33 - lost 120.20 in total by selling stock.

2/24- Bought TNK (200 shares)- Researched top 100 stocks on moneycentral seemed like a stable, fairly cheap (buy low--> sell high) stock to buy. I also considered this stock because it had to do with oil and i know that oil has been increasing substantially throughout the year. - 52 week high is 13.99 - bought for 9.67 - as of 3/26 gained 391.12> i should have bought more shares - still choose to hold this stock because it is continuing to rise

2/24- Bough GENZ (200 shares)- Also researched top 100 stocks on moneycentral and it has to do with the medical field, biotechnology, which is flourishing and growing every year, so I figured it would grow and be a stable stock. -52 week high is 63.47 -bought for 56.50 -as of 3/26 lost 317.20 - choose to hold because it is far away from its 52 week high, and in anticipation that it would rise with ongoing medical treatment. I have been continually looking at the stocks DOW and NASDAQ to see rises, and falls in the stock market

My Stock Summaries

1. TNK- Teekay Tankers Ltd is a company based on the marine transportation of crude oil using tankers that was founded in December 2007 by Teekay Corporation.. It is considered a shipping industry that has grown rapidly over the last 5 years. They consist of 9 Aframax- class oil tankers and three Suezmax- class oil tankers. see what is going on with TNK- [|http://www.youtube.com/watch?v=DeuPP6owrSc2.]

2. GENZ- Genzyme Corporation, founded in 1981, is one of the world's most renowned biotechnology company who is dedicated to make a positive impact on people with life threatening diseases. It started out as a small company, but has rapidly grown to more than 12,000 employees. GENZ is a leading supporter for new technology and advancements in medication for diseases such as cancer, transplant diseases, diagnostic testing, kidney disease, and genetic disorders. For more information about GENZ visit- __http://www.genzyme.com__

EBAY- eBay incorporation, founded in September 1995, is a business based on auctioning of goods over the internet located on ebay.com, affiliated with PayPal. The company has both a marketplace segment and a payment segment. eBay is most commonly used among people who want to sell goods on the internet and make a profit. eBay is extremely popular among the American society, and also 30 other countries around the world. It is an auctioning site that can link cultures and people from all around the world. To learn more visit http://www.eBay.com

My Personal Reaction I think I contributed substantially to my team as a whole. I bought TNK, GENZ, and EBAY. My favorite stock was TNK because it was something I discovered on moneycentral.com. This stock really helped our team's rank because it increased quite rapidly. I also tried to initiate team meetings and discussions about our stocks standings. I also made the glogster and kept track of which stocks were bought. Throughout this experience I learned valuable information about the stock market. I learned how important it is to watch the DOW and NASDAQ frequently. I also learned how important it is to research the stocks you buy to try to gain the most interest on. It really showed you how the stock market functioned, hands on, and in an interesting way. I think this was a great experience, but if I had a few more weeks to complete this game I would have liked to research more about different stocks and taken more risks with the game. I didn't buy any high risk stocks and I think it would have been fun to watch their progress throughout the game. I think our team did fairly well, although I think we played too conservatively, but I was satisfied with our rank .

As a whole our team has purchased TNK, GENZ, SIFI, SQNM, SCOK, SUR, ENZN, AGNL, OCNW, AAPL, and SLE