GTPlanet.net Virtual Stock Exchange Competition!
- Thread starter MrktMkr1986
- 662 comments
- 21,248 views
- 3,052
So far everything looks good!
* Strong earnings growth
* Positive earnings surprises for the last 3 quarters
* EPS estimates are increasing
* The stock price has steadily climbed for a year
* I've seen $56 and $60 USD price targets
Usually, I would be concerned if that many shares were sold -- but there are enough good qualities about the stock to merit further research.
DISCLAIMER: The above is not a "buy" recommendation!
* Strong earnings growth
* Positive earnings surprises for the last 3 quarters
* EPS estimates are increasing
* The stock price has steadily climbed for a year
* I've seen $56 and $60 USD price targets
Usually, I would be concerned if that many shares were sold -- but there are enough good qualities about the stock to merit further research.
DISCLAIMER: The above is not a "buy" recommendation!
- 6,899
- GTP_event / kevinr6287 (farming account)
American Eagle looks to be a good buy, by that insider selling is a dark, looming cloud. I should probably steer clear of the clothing sector for my next purchase, I already have shares in Abercrombie & Fitch. 
I'm thinking food service.
I'm thinking food service.
- 3,052
VTGT07
AE is the stock symbol of another company. I confused for second.
- 2,275
- Forest, VA
- schneiderj
- Systemcrash9004
Not the AE stock .. the actual American Eagle stock (AEOS).MrktMkr1986AE is the stock symbol of another company. I confused for second.
http://biz.yahoo.com/ap/050204/american_eagle_split_1.html
http://yahoo.reuters.com/financeQuo...=mtfh91135_2005-02-04_18-02-26_wen4532_newsml
- 3,052
Event HorizonAmerican Eagle looks to be a good buy, by that insider selling is a dark, looming cloud. I should probably steer clear of the clothing sector for my next purchase, I already have shares in Abercrombie & Fitch.
ANF looks pretty good, but they were downgraded recently -- not to mention the fact there is a lawsuit pending.
- 3,052
Event HorizonWow, I'm dumb.
Not really, if they win the case the stock price will skyrocket.
EDIT: Not to mention the fact that there earnings per share estimates are increasing as well as earnings growth. They have a history of positive earnings surprises so that helps.
- 6,899
- GTP_event / kevinr6287 (farming account)
I read that lawsuit news story, and I have NO idea what that said, I can't even remember what I had for lunch, now!MrktMkr1986Not really, if they win the case the stock price will skyrocket.
EDIT: Not to mention the fact that there earnings per share estimates are increasing as well as earnings growth. They have a history of positive earnings surprises so that helps.
- 3,052
Event HorizonI read that lawsuit news story, and I have NO idea what that said, I can't even remember what I had for lunch, now!
Basically, the company received the lawsuit from a shareholder that owns about 2,000 shares in the company. The shareholder is complaining about the amount of money the CEO is making. Then the company goes on to say that the CEO deserves the money because he was able to make the stock price go up from Jan. 30, 2003 until the Feb. 8, 2005 when the lawsuit was presented.
What the above quote means is that he gets more money.
- 3,052
keramYeah, its in pence so any rise or fall looks more dramatic.
💡
Perhaps the US will change stock prices from dollars to pennies! They've already decimalized the markets...
- 3,052
The stock competition has been reset. See the first post for more details.
- 3,052
MrktMkr's Random Trading Tip:
One way to minimize risk is to set strict selling rules. For example, if you buy a stock at $21.50, you may want to sell it if it drops below a certain price. By doing this, you protect yourself from further potential losses.
One way to minimize risk is to set strict selling rules. For example, if you buy a stock at $21.50, you may want to sell it if it drops below a certain price. By doing this, you protect yourself from further potential losses.
- 3,052
Viper Zero
Thank you for giving me the basis for my next random tip! 👍
Sometimes, you're better off knowning what stocks not to buy when investing.
EDIT: Yeah -- I made $35 from the start.
Now it's all gone...
- 3,052
Omnis
Exactly. Or if you're forget to use that you can simply monitor the price and place a market order.
- 3,052
Ev0
Yes. You'll still have access to the old one, but we won't be looking at that one anymore.
- 3,052
VTGT07Woohoo! So losing $300+ from Altair isn't going to kill me!
Sucks that we have to start all over again though.
I know, but all of the numbers were inaccurate.
Also, I got tired of seeing people with losses rank higher than me!
...and yes, you're $300 loss isn't going to kill you. 👍
But bear in mind there is no more buying on margin -- so whatever cash you have, you'll have to deal with it.
- 3,052
VTGT07Yeah, I don't quite like buying on margin. I mean you have to pay interest on it .. whats the fun in that?!?
Precisely. Paying interest is not nearly as fun as receiving interest. Also, I adjusted the interest rates for the accounts. In the old game I think it set to about 4% which is unrealistically high for a brokerage account. I set it to 0.20% which is about what I receive in interest -- annually. At least in the simulation it's 0.20% daily.
- 3,052
Omnis
What are you talking about?
All of the numbers were wrong...
- 3,052
Omnis
Front page...
EDIT: Too late...
