Stock market project
Date Submitted: 09/09/2006 23:23:40
Why Did We Buy The Stocks We Selected?
Being a fan of the music industry, our group decided to roll the die with one of the heavier music producers. We decided to choose Apple because of the recent success and popularity we have seen in the iPod as well as the new G5. We simply thought that the recent success of these two items would propel the stock in a positive direction. We chose HOT
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profits but enough to make buyers not to be interested in HOT. Overall, we would research all of the forces that drive the industry before we invest in a company. Next time we would also try to be more aggressive in our picks because we could have made a lot more money if we bought more shares. I think next time we will believe in our picks and put a more aggressive approach to it.
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