Friday, October 14, 2011

Journal 4

One transaction I made this week was buying 300 shares of General Electric Company. I bought the stock at $16.50 a share which is approximately 2 dollars above their 52 week low and 5 dollars below their 52 week high leaving a good window for the stock to grow. I believe the stock will grow $2-3 soon because GE just launched a new entity, Research Circle Technology in September. As a whole GE's competitors are doing around the same, stock wise but GE has a right in the middle price that isn't outrageous to buy but not a stock that has too low of a price. All the companies have just about the same graph but lately GE has a positive slope whereas the competition has a negative slope.
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9 comments:

  1. ChristianOctober 14, 2011 at 12:08 PM

    Really great job, you have a lot of good information about your stock as well as its competitors :) you were clear in your explanations and the 52 week range.

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  2. AnonymousOctober 14, 2011 at 12:16 PM

    good job comparing competitors. and gauging growth using the 52 week range.

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  3. Corianne McKearneyOctober 14, 2011 at 12:24 PM

    good job comparing what you paid to the 52 week info!

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  4. Brooke ThomasOctober 14, 2011 at 12:46 PM

    Nice job with the 52 week range, the competitors and the graph data. One thing you could do better would be to specify if it was bought as a trade or an investment. Nice Job!

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  5. That GuyOctober 14, 2011 at 1:21 PM

    You did a pretty good job overall, keep up the good work!

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  6. mrkapptieOctober 14, 2011 at 1:46 PM

    Like your logic. Wonder if a dividend plays into you owning this? How far back did you compare graphs? Assuming this is an investment?..??

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  7. MorganlynnOctober 14, 2011 at 1:49 PM

    I like how you compared the one you bought to the competition by their slope I think that's an easy way to compare them. You also had good information for the 52 week range.

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  8. Tess MitchellOctober 17, 2011 at 12:16 PM

    YOu did a good job talking about the 52 week information and you had a solid prediction..i suggest researching competitors

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  9. SISI!!!!October 24, 2011 at 12:40 PM

    Nice job! It was easy to read and you had a good amount of information. You had a good solid prediction and talked about competitors. You didn’t mention any names of competitors though, maybe include that. Good journal though.

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