Investing Like a Fool, Continued
By Mike Hillyer | Related entries in Stock CompetitionLet me continue the tale of my foolish investing in the Stock Competition:
After buying the first stock I could find listed in a spam email, I needed a way to spend more of my cash. I decided to go to RagingBull.com, a popular message board for stock traders, and just buy the two stocks that were most actively being talked about: NTCT and ATYT. Finally as a last idea I looked around my office, saw my Dell PDA, and decided to buy some DELL.
So how is my strategy working?
| Symbol | Quantity | Curr Price | Curr Value | Gain/Loss | % Chg | % Equity |
| ATYT | 12558 | 15.17 | 190,504.86 | 361.79 | 0.20% | 37.66% |
| DELL | 2351 | 40.31 | 94,768.81 | -273.56 | -0.27% | 18.73% |
| NTCT | 100000 | 6.2 | 620,000.00 | 5,985.05 | 0.98% | 122.56% |
| ORTE | 9475 | 0.59 | 5,590.25 | 112.23 | 2.61% | 1.11% |
So I’m up a bit, but not enough to prove that random trend following is the may to make it big in the stock market.
This entry was posted on Monday, May 30th, 2005 and is filed under Stock Competition. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.
May 30th, 2005 at 4:34 pm
“is the may to make it big ”
It’s almost June friend.
Love this blog btw.
June 22nd, 2005 at 1:29 pm
It’s June 22nd and no additional commentary on the competition? Indiana did talk some smack on my blog when I was in second to last…
June 23rd, 2005 at 8:11 am
Hehe, lemme see if I can whip up a new ranking table.
May 21st, 2006 at 3:15 pm
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