Friday, February 25, 2011

Journal 4

This week I invested in (CREE). CREE makes LED lights, and is a big, successdul business. I invested in this business because LED lights are very popular, between cars and Christmas trees LED lights are used a lot. The 52 week high price for CREE was $83.38, and the low price was $47.30. CREE's market cap is 5.63B so, it's a mid cap company. CREE has recently been in a dip on the charts but, it's coming back up and I think that it will continue to do better and make me money. (:

I also invested in Wal Mart (WMT). I invested in Wal Mart because it is obvious they are a successful company. The 52 week high price for WMT was $57.90 and the low price was $47.77. I anticipate that Wal Mart will go up in the next week or two and make some monnnaay.

5 comments:

  1. Monayyyyy??? haha well i think that it was good and short, maybe a predicting price. i bet if weeee work together we can rule the stock market uhhhhh na na naaa naaaa!

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  2. You mentioned a prediction of Walmart's growth over the next two weeks however you neglected the amount. Also I would like to see how much of each stock you bought. You did a good job, you just need to include these two things in the future.

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  3. For the first paragragh, you did very good explaining everything! But on your second one maybe you can tell us how and why walmart is going to go up and how much do you predict it is going to go up.

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  4. i like ur enthusiam and most of your logic and your numbers to give us an idea if your making money.

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