GTPlanet.net Virtual Stock Exchange Competition!

MrktMkr1986
I'll have more information for you later on tonight. đź‘Ť For now, all I can provide is this link. :guilty:

Nanotech Stocks
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Thanks!

I did a little bit of research myself and came across:
Advanced Magnetics Inc. (AVM)
Illumina Inc. (ILMN)
Acrongenomics Inc. (AGNM.OB)
Sono Tek Corp. (SOTK.OB)
Isonics Corp. (ISON)
Nanophase Technologies Corp. (NANX)

I'm probably going to suggest AMD and Intel as well, although he's somewhat looking for the cheaper priced stocks right now. Thanks again.
 
VTGT07
Thanks!

I did a little bit of research myself and came across:
Advanced Magnetics Inc. (AVM)
Illumina Inc. (ILMN)
Acrongenomics Inc. (AGNM.OB)
Sono Tek Corp. (SOTK.OB)
Isonics Corp. (ISON)
Nanophase Technologies Corp. (NANX)

I'm probably going to suggest AMD and Intel as well, although he's somewhat looking for the cheaper priced stocks right now. Thanks again.
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I want to do more research on the stocks you just picked. Also, I would get rid of the OTC BB stocks -- unless you can provide a really good explanation as to why they are there.

Anyway, my research turned up these two stocks...

AMCOL International Corporation

FEI Co.
 
I picked the OTC BB stocks b/c they were cheap and their stock values were increasing. So I'll toss those out.
 
Wow, my EA stock is kicking my ass. I bought it at it's highest price all week (monday), and it's been going down every day since. I'm not going to sell though, I think the price drop is only temporary, as this sort of thing happens fairly often after checking out their charts. Oh well, at least AMD and Nissan are gaining for me.

And I can sympathise with you VTG on the Starbucks stocks. Here's an article you might want to read on their drop in stock prices. http://biz.yahoo.com/ap/050209/starbucks_shareholders_6.html
 
Hopefully it will go back up soon. If they continue their recent string of acquisitions, it should go up soon. And, they are soon going to release the Sims 2 expansion, so all of that should help.
 
I just created an account. I am cardude2004 on their website as well as here. I think this will be fun, even if I am not very good at this. I played the stock market game for Gifted and Talented in school several years and I always kind of liked it. That was only 6 weeks and we started out with $50,000. I made several thousand dollars. We will see how I do at this.
 
EA games was a bad choice in stock just for an FYI. There are under heavy fire for their labour practices which is bad for stocks. If you want to get stock knowlegde just go to MSNBC Business website and you can learn a lot.
 
And oh ya just wait til tomarrow, my most recent stock purchase will own you all. :D
 
Ev0
Hopefully it will go back up soon. If they continue their recent string of acquisitions, it should go up soon. And, they are soon going to release the Sims 2 expansion, so all of that should help.
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I hope so -- sales do have a significant impact on a stock prices.
 
cardude2004
I just created an account. I am cardude2004 on their website as well as here. I think this will be fun, even if I am not very good at this. I played the stock market game for Gifted and Talented in school several years and I always kind of liked it. That was only 6 weeks and we started out with $50,000. I made several thousand dollars. We will see how I do at this.
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Good luck. :)
 
MrktMkr's Random Trading Tip:

The return on assets ratio (ROA) is an indicator used to measure how profitable a company is relative to its total assets. To get the figure, take the net income of the company and then divide it by the total assets. The higher the number (as a percentage), the better the management of the company.

EXAMPLES (FY 2003; *= FY 2004):

INTC = 12%
AMD = -3.9%
TXN = 7.7%
QCOM* = 15.9%
NOK = 15%
MOT = 2.8%
SI* = 4.3%

net income
_________ ==== ROA

total assets
 
*Semi-related post*

This is weird, on Fox tonight is the episode of Seinfeld where Jerry loses on the stock market.
 
Just like when I was on a hunger strike, Drew Carey was on a hunger strike that day too.

MrktMkr: Is there some way to tell how succesfull a new company will be, even if it's only say...6 months old? 'Cause...it could skyrocket, plummet anything. Would it be worth investing in. And also, howcome many Canadian companies aren't available on it?
 
I believe most Canadian comapnies trade on the TSX (Toronto Stock Exchange). We can't trade them because the VSX doesn't cover the TSX. But, if you want to trade in a Canadian company, ATi might be a suggestion. I'm sure there are other Canadian companies on the NYSE and Nasdaq though.
 
PS
Just like when I was on a hunger strike, Drew Carey was on a hunger strike that day too.

MrktMkr: Is there some way to tell how succesfull a new company will be, even if it's only say...6 months old? 'Cause...it could skyrocket, plummet anything. Would it be worth investing in. And also, howcome many Canadian companies aren't available on it?
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It probably only uses the American markets, like the New York Stock Exchange or the American Stock Exchange. I know it uses the NASDAQ, because I bought something from it.
 
PS
Just like when I was on a hunger strike, Drew Carey was on a hunger strike that day too.

MrktMkr: Is there some way to tell how succesfull a new company will be, even if it's only say...6 months old? 'Cause...it could skyrocket, plummet anything. Would it be worth investing in. And also, howcome many Canadian companies aren't available on it?
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As for the latter question, Ev0 and cardude2004 pretty much answered it. (Thank you, guys! :) )

As for the former question: I'll need the stock symbol before I can make that kind of decision. Success cannot be predicted on the stock market (regardless of what anyone tries to tell you). Concentrate on:

1. Minimizing your losses.
2. Minimizing your risk.
 
MrktMkr's Random Trading Tip:

Learn how to identify companies that are cyclical. Cyclical stocks are publicly-traded companies whose revenue and earnings are strongly tied to the business cycle. Basically, this means that when the economy grows, so do their earnings. If the economy shrinks, so do their earnings.

Examples of cyclical stocks:

CAT, X, GM, IP...

Examples of non-cyclical stocks:

KO, PG, OAT...
 
MrktMkr1986
Temporary. :)

Tomorrow should be interesting, though, as they will be announcing:

1. The trade deficit (MrktMkr's prediction = $-57 billion)
2. Unemployment claims (MrktMkr's prediction = 328k)
3. Treasury budget

These 3 things will be a factor in tomorrow's prices. How significant a factor, I can't say -- but definitely will be a factor.
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Let's see how the predictions fared so far:

I said the trade deficit would be -57 billion USD, and it turned out to be -56.4 billion USD.

I predicted unemployment claims would be about 328k, and it turned out to be 303k. đź‘Ť
 
I got raped by Google. Hopefully this upcoming "summit" and the extra shares will drive the price way up. That's what I am hoping for.
 
I made it so you can now buy penny stocks (stocks under $5) I didn't know I could change it during the competition.
 
Event Horizon
I got raped by Google. Hopefully this upcoming "summit" and the extra shares will drive the price way up. That's what I am hoping for.
Click to expand...

I really hate to be the bearer of bad news but:

If Google plans on introducing more shares on the market, that will only drive prices down. :nervous:
 
Event Horizon
I made it so you can now buy penny stocks (stocks under $5) I didn't know I could change it during the competition.
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Yeah, you can change plenty of options during the competition. Also, I e-mailed the tech support to help out with the margin bug. Hopefully I'll get a reponse soon.
 
skylineGTR_guy
Or it could collapse under its own weight, or so says cnn...
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I pretty much said that... :sly: j/k

Seriously, though...

If a company buys back its own stock, the prices will be driven up because the number of shares will be reduced. A reduction in the number of shares means lower supply -- lower supply = higher demand & higher demand = higher prices.

Alternatively, if they issue more shares:

supply increases, demand decreases, and prices tend to fall. :nervous:
 

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