Week 1 of trading stocks - the stock market tumbles ...THATS AWESOME!
I'm not insane btw - as when stock dips - thats when you buy because its low. When you have stock in the market that dips thats when you get angry. Now which stock should i buy? Did ebay dip? yes, so did google and apple. I have 100K to choose from...
HAS - from Hasbro Inc - being in the collectible business I have verified their 52Weeks and their yearly portfolio - AUG is the best time to buy their stock as it will rise up in december. Now lets think of it logicially - August is a dead month since everyone is on vacation and most parents will be spending on back to school items - therefore stock drops. In December - stock will climb as they will pushing out Xmas toys like crazy. So Hasbro stock is a good 3 months buy investment. HOWEVER i bought 1000 share which i believe was a mistake. We will see if it be ok.
STX - Seagate Technology. Being a PC Guru - Seagate is one of the pioneers of harddrive making and with the increasing market of tablets and streaming media - Seagate is at the front door of HD tech. I believe that they will rebound despite this week's market low. 100 Shares Bought
NFLX - Netflix - YES! Their stock drops! 2 years ago at a mear 7$ a share and now 212$ and more - c'mon no brainer here. Furthermore here is an interesting fact: there are more NETFLIX subscriber in the states than there are cable tv users. Netflix is the new TV despite it not being live. WE are all couch potatoes and for a mere 8$ a month its worth to watch all those things provided that your ISP (internet service provider) doesn't cap you on the download and you have sufficient time to actually watch the shows. 100 Shares bought
MCZ - Mad Catz Interactive - the guys that makes the awesome joysticks for consoles. When SFIV came out they made 3 joysticks and they were sold out - at 99$ for the medium offering and 150$ for the high end offering. With ULTIMATE Marvel Vs Capcom 3 in November - more joysticks will be bought. The last 2 years saw the rise of fighting game and with the huge response that Evo2011 had - Street Fighter aint dead. 500 Shares bought
I have purchased 2 mutual funds too but they are not locked in yet so i will not report them yet.
Saturday, August 20, 2011
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