stock market

[FreezyCT]

anybody mess with stocks?

[Interp]

Fucked around with it when i was a bit younger.... Shits too rocky these days tho.... Prolly jump back into ut in the future...... Investing in small businesses is the real way to go....safer bet with higher potential dividends....

[FreezyCT]

why small businesses

[Interp]

why small businesses

With small businesses you have a small group devoted to the success of that business....less shares = higher percentage of ownership and financial compensation...

In the stock market your basically dealing with multi national organization who just wants to get rich...basically using ur money to do so with no real personnal losses to the primary investorsbif it fails...but crippling effects on the mid and low level shareholders....

Its basically capitalism in its worst form..

[FreezyCT]

ya i get how the shares factor in - i didnt know if there was another big reason...so how do you guys feel about slumping companies (once prominent) and the chances that they return to their highs

[Interp]

ya i get how the shares factor in - i didnt know if there was another big reason...so how do you guys feel about slumping companies (once prominent) and the chances that they return to their highs

Possible... But dont necessarily rely on it

[FreezyCT]

obviously i dont mean blindly throwing money at random letters lol

---------- Post added at 11:26 AM ---------- Previous post was at 11:24 AM ----------

but i get what you mean...i have alot of time on my hands and ive been studying up on trends, whos doing what, product/management changes, ect

i dont expect to learn everything like that - just looking for tips

[FreezyCT]

two im looking at now - in terms of trends and timing - 1800Flowers and Sony

Sony religiously shoots up at the beginning of the new year...and im guessing Flowers will too - christmas and valentines day

[IV]

Dude sold his 10% share in Apple for about $800 bucks a while ago, now that 10% share is worth hundreds of millions

[FreezyCT]

for those of you playing at home - here are the stocks i grabbed, the starting price of which i grabbed them, and where they stand today..


FLWS (1800Flowers) -- 3.10 -- 3.70
JOEZ (Joe's Jeans) -- 1.04 -- 1.19
WEN (Wendy's) -- 4.76 -- 5.09

[FreezyCT]

it was more about learning the whole process - which i still have a ways to go - but one thing i did learn was the trading fee can be a bitch...and not only did it get me once, but i bought in 3 different times - each for small amounts of shares...lol not so smart, but hindsights 20/20

5 shares of flowers
10 of wendy's
15 of joe's

[FreezyCT]

wish i had the balls to drop more on JOEZ - where it stands now, im almost at a 50% gain

hindsight's 20/20 tho

[FreezyCT]

**UPDATE**

FLWS (1800Flowers) -- 3.10 -- 3.70 -- 5.39
JOEZ (Joe's Jeans) -- 1.04 -- 1.19 -- 2.01
WEN (Wendy's) -- 4.76 -- 5.09 -- 5.56

ive expanded my portfolio (and increased my share count) but these are the only ones im going to update

[FreezyCT]

lol with my luck id go and brag and theyd bottom out the next day - but thanks man

[FreezyCT]

AMD

:high:

[Ray Zeus]

niiiccceee ive been looking into investing myself... just trying to study up on it before i put money down... i like to know damn near everything before i do shit...

[FreezyCT]

ya man, you can scroll through the posts here and see thats how i started as well..i was laughing at some of the stuff i posted and how i must've felt at the time, but you have to start somewhere..i would highly recommend it, if you have the time to do alittle research

[V3numb]

i remember this thread.. holy shit it's been over a year already?.. i need to go do something with my life -_-

[FreezyCT]

hard to believe a year has gone by..the days are flying

[FreezyCT]

Wendy's tho..

$11.26

[Subreal]

Wendy's tho..

$11.26

shiit i feel like going to wendy's n dropping 11.26 on some food right now lmao

[FreezyCT]

hell ya, help that stock price

[Rant]

Fucked around with it when i was a bit younger.... Shits too rocky these days tho.... Prolly jump back into ut in the future...... Investing in small businesses is the real way to go....safer bet with higher potential dividends....

This may be true in Canada. But this is absolutely not true in the United States, the home of small business failure.

[Godbody]

You want some stock advice?

Invest in Google and Sony

Sony is doing so bad financially that they cut their fridge business and I think PCs. They're considering dumpin the phone n TV business and focus primarily on the PS4 lol. Investors were so pleased by this move that their shit went up 80% from this time last year

And Googles just Google. Monster of a company

[Denton]

dont invest in google, Theyve capped out and probably wont go much higher unless they come up with some new innovative bullshit. I would have said yes to Google 4 years ago when their stock was around 200-300 a share. Now they are over 1k a share. I sold my Google stocks when they hit about 600 because i was afraid they would drop again.

[FreezyCT]

you're going against the god?

[Denton]

Fasho

[FreezyCT]

if that many people are in it - we should start a stock market game..set a start and end date, give people X amount of money, let them go wild, and see who's portfolio grew the most over that time period..or its that too in-depth, have them pick a stock and the highest % increased over that time period wins

[Subreal]

that'd be dope. ^, good practice also

[Revan]

I bought stocks in godbody.

Tripled my money in 5 minutes.