Mike's+Page

Below will be a log of what i accomplished in the Stock Market Game:**
 * __MICHAEL ROMANO'S STOCK LOG__
 * 1) Bought 900 shares of Sara Lee (SLE)--Sara Lee had a high rating of 10. I chose to purchase 900 shares because it was a relatively inexpensive stock that has been doing very well. Every week SLE goes up.
 * 2) An interesting fact about SLE that might contribute to how well it is doing is that it created a new type of bread with Omega in it.
 * 3) Bought 100 shares of Apple (AAPL)--I chose to buy 100 shares of AAPL because in week 1-2 it was doing fairly well.
 * 4) Sold 50 shares of AAPL--I chose to sell 50 shares of AAPL because it plummeted.
 * 5) I purchased an additional 600 shares of SCOK as a result of gaining over $15.00 from that stock alone.
 * 6) I purchased an additional 400 shares of AAPL. We only had 100 shares and this stock has been improving every week.
 * 7) I purchased 100 shares of TJX (TJX Companies) because our team has been falling for two weeks and this stock has a high rating and I hope it can help us regain our team back.
 * 8) I chose to hold SLE because even though it hasn't been doing great, I have confidence that it will.
 * 9) I chose to hold AAPL because once again it is doing very well.
 * 10) TJX Company proved to be a pretty good stock to buy and hold. The 100 shares that I bought raised about 5 cents and didn't really hurt or help us.

SLE (Sara Lee)** //**Feb. 16, 2010---900 shares** Sara Lee Corporation's leading brands are household names known around the globe. Our preeminent brands are built on consumer needs and expectations, offering exceptional quality and value. Our brands include Ambi Pur, Ball Park, Douwe Egberts, Hillshire Farm, Jimmy Dean, Kiwi, Sanex, Senseo and our namesake, Sara Lee.// []
 * MY STOCKS

//Apple Inc. is a company that produces highly popular technological utilities such as the iPod, iPhone, the Mac, and most recently, the iPad. Not only has Apple reached out to consumers in America, this company has proven itself popular all across the globe.// []
 * AAPL (Apple) //Feb. 16, 2010---500 shares//**

The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the United States and worldwide and ranked 131 in the most recent Fortune 500 rankings. With $19 billion in revenues in 2008, more than 2,600 stores and approximately 133,000 Associates, our off-price mission is to deliver a rapidly changing assortment of quality, brand name merchandise at prices that are 20-60% less than department and specialty store regular prices, every day. TJX's off-price concepts include T.J. Maxx, Marshalls, HomeGoods, and A.J. Wright in the U.S., Winners, HomeSense and STYLESENSE in Canada, and T.K. Maxx and HomeSense in Europe.// []
 * TJX (TJX Companies)** //**April 6, 2010---100 shares**

I was the captain of my team. I bought and sold shares of three different stocks. I helped arrange how my team and I were going to go about doing our best in the Stock Market Game. At the beginning of the game our team did very well. We even were in 16th place at one point. As the game was coming to an end though, we started to slowly fall in the rankings. In week 9 we were in 117th place! We finally finished the game in 90th place overall.
 * MY CONTRIBUTIONS**

I learned a lot from participating in the Stock Market Game. I learned many new terms that proved to be very helpful like short sell, buy and hold, as well as many others. I learned that sometimes you have to make risks in order to gain more. Sometimes you also have to be conservative in the decisions you make. I hope to one day actually participate in the real stock market now that I know how it functions and operates and what I as an individual can gain from it.
 * WHAT I LEARNED**

What would I do differently if I had ten more weeks to play? I would make many more risks. I played very conservative because I'm the type of person that would be too afraid to lose a large portion of my earnings. Even though I did play conservatively, I am pleased with the way my team communicated and went about playing the game.
 * 10 More Weeks?**