GTPlanet.net Virtual Stock Exchange Competition!

But most of my marbles in FedEx lost a little but not to bad
Also have some in a large cap mutual fund

FedEx should be helping me soon but I'm going to cash out soon and buy some nextel stock
 
PattyG
But most of my marbles in FedEx lost a little but not to bad
Also have some in a large cap mutual fund

FedEx should be helping me soon but I'm going to cash out soon and buy some nextel stock
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Sounds like a plan. :) Good luck by the way! 👍
 
i wonder if i should tell my BST teacher (business systems tech....aka word processing. but he is the head of the academy of finance so he makes us do all this extra stuff <_< ) that i'm doing this. i wonder if he'll give me extra credit or something.
 
Omnis
i wonder if i should tell my BST teacher (business systems tech....aka word processing. but he is the head of the academy of finance so he makes us do all this extra stuff <_< ) that i'm doing this. i wonder if he'll give me extra credit or something.
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I wouldn't take the chance. I say this because if I told you "go for it" and you do end up getting extra work, I don't want to be blamed! :P
 
extra credit is a good thing....i never said extra work. extra credit just means bonus points....
 
Wow. Circuit City is being bought out. Up 20%. Why can't I ever get any of that action? I'm still at a 1.5% loss of MCI and AMD went down with the announcement of the new CPU core. Gawd. Why do the stock market gods hate me sooo much?
 
man......i should've cashed out on f5 when i had the chance......it went from 188 profit to 76 profit.

it'll go up again, i believe. it's had increasing peaks AND troughs.
 
Glad to hear everyone's doing well...

<<< Recently purchased AET and SWN... I have both limit and stop orders in place in case of a signficiant price drop (or increase for that matter).
 
MrktMkr's Random Trading Tip:

Management performance is a key factor in deciding whether or not you should invest in a business. If managers are successful at turning shareholder's equity in revenue, earnings will (usually) increase as will the stock price. One way to measure management performance is through calculating ROE or "return on equity".

Return on equity is basically a fancy term for how well the stockholder's money is being used. The formula for calculating ROE is:

______net earnings______
total stockholder's equity​

Due to the fact that these numbers can vary widely, it is best to compare ROE ratios of companies that compete with each other (for example you wouldn't compare Amgen with General Motors).

For example, Amgen Inc. [AMGN] (based on Q3 2004 income results) has an ROE ratio of 1.22%. Amgen's competitor, Genentech Inc. [DNA] (based on Q3 2004 income results) has an ROE ratio of 4.64%.

Does this necessarily mean that DNA is a better buy than AMGN -- not necessarily. It simply means that DNA (at least for that particular quarter) was better at using stockholder's equity to make a profit.

...more on assets, liabilities, and stockholder's equity tomorrow... :sly:
 
(G)
Make the market closing time six pm! 4 is far too early!
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i wished it closed at 6 too, but this is the REAL market, and the market closes at 4.

sorry.
 
Hm... Since I'm in this for my school's club, I would like to join this competition as well.

I don't expect to own anyone soon. I'm still learning the ways of the stock market lol.

Edit: My username is still Thio on the VSE competition.
 
Thio
Hm... Since I'm in this for my school's club, I would like to join this competition as well.
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Great! Welcome to the club! :)

I don't expect to own anyone soon. I'm still learning the ways of the stock market lol.
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Be sure to read my random tips, entitled "MrktMkr's Random Trading Tip". I think they can be helpful, but it depends on your strategy.

Edit: My username is still Thio on the VSE competition.
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Thanks for letting me know. Some of the competition members neglected to identify themselves.

EDIT: Thio are you sure you signed up to the competition? I didn't see your name in the member section when I signed in... :odd:

EDIT 2:

If you are a member of the VSE, please either check your PMs for an important notice or check the first post of this thread!

EDIT: More specifically to these members:

SKIP0110, C-CORP, ANDREWPAUL, KYLEDAY, SILVERZONE, KOBYW989, CONCEPT05, DEQ...
 
MrktMkr's Random Trading Tip:

By now, I'm sure you've heard me mention something about assets (A), liabilities (L), and stockholder's equity (SE). These three figures are extremely important when determining the fiscal health of a company. To find information about a company's A, L, and SE, go to:

Yahoo! Finance

... and from there, type in a company's stock symbol or search for a company. After you've found one, scroll down until you see a link that says "Balance Sheet". If you've taken an accounting class, this should be relatively easy for you. If not, I'll try to simplify the concept of assets, liabilities, and stockholder's equity.

An asset on the balance sheet is basically any item of value that can be converted into cash. A liability on the balance sheet is any item of value that is owned to someone else.

The formula for stockholder's equity:

Stockholder's Equity = Assets - Liabilities​

It's a relatively simple concept, however, it is key to identifying the difference between a good investment and an investment that'll leave you "penniless" as (G) put it.

In the next MrktMkr tip, I'll show you what some of the items on the balance sheet mean and the different ratios you can use.
 
MrktMkr's Random Trading Tip:

Liquidity, put simply, is how easily an asset can be turned into cash. The easiest way to calculate a company's liquidity is to calculate what is called the current ratio. This is the formula:


Current Ratio =
Current Assets
Current Liabilities​

Expect this number to vary from business to business and from industry to industry. In general the higher the number the more liquid the company is. The best way to determine if the company is more/less liquid, compare the number to a competing company.

If the number is too high (in comparison to a similar company), this may indicate that the company is not good at using its capital to make a profit. If the number is too low (in comparison to a similar company), the company may not be able to pay off its liabilities with ease, or may be paying interest rates higher than the competing company.

Examples:

Based on Q3 2004 balance sheet data, General Motors has a current ratio of 0.85. Ford has a current ratio of 1.17. Though both numbers a low (in general), you can see that Ford is more "liquid" than General Motors.

Kohl's has a current ratio of 1.92, while its competitor Sears has a current ratio of 1.28.

Microsoft (though based on Q4 2004 results) has a current ratio of 2.95. IBM on the other hand has a current ratio of 1.21.

NOTE: It is best to compare ratios etc. between competing companies!
 
Finally, some luck! MCI is going up 6.5% today! I've finally made some money!

Too bad AMD is cancelling that out... :indiff:
 
MrktMkr1986
I didn't bother checking -- do you have any idea why it went up like that?
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Qwest is trying to buy MCI again. They put up another bid.
 

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