Thursday, October 13, 2011

Journal #4 10-13-11

Transaction #1 - I decided to invest in 35 more stocks of Amazon.com (AMZN) my main reason for this is that when I first bought some the price dropped very badly but I held on to the stock to see what it would do and its started to go up again and its near the price of where I firsrt bought it at so i decided to invest in more shares because I believe it to profit. When I looked at competitors Amazon's P/E ratio was signifigantly very higher to competitors and its similiar competitors like Barnes and Nobles are higher on their 52 week range then Amazon and Amazon has more room to rise which is why I like Amazon.
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8 comments:

  1. Frankie VogtOctober 14, 2011 at 11:47 AM

    I would include the vocabulary and the words that are used in examples

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  2. ChristianOctober 14, 2011 at 11:56 AM

    You did a good job mentioning a lot of the needed material in the post. Next time just make it a little clearer and easier to understand.

    ReplyDelete
  3. JarredOctober 14, 2011 at 11:57 AM

    You should state how much the stock was worth when you first bought it and then say how much it's current value is.

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  4. chelsiehaireOctober 14, 2011 at 12:08 PM

    Good job maybe a little more detail next time(:

    ReplyDelete
  5. zipperdipperOctober 14, 2011 at 12:10 PM

    more detail and numbers

    ReplyDelete
  6. Joanthan BjornestadOctober 14, 2011 at 12:12 PM

    I think you should also tell what is going on in the market this week

    ReplyDelete
  7. mrkapptieOctober 14, 2011 at 12:57 PM

    Price and actual prediction would be good. I like the strategy of buying more, but next time get at cheaper price if it. Now the big question....what do pe ratio actually tell you?

    ReplyDelete
  8. OggerOctober 14, 2011 at 2:13 PM

    you did good maybe just a little more info

    ReplyDelete

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