Stocks

www.virtualstockexchange.com

Register Create a name. Period #+Last name + first initial Ex: Angie Gonzalez 1GonzalezA This way I know who to grade.

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GTERRA

Password: gterra

(DW) Allow private portfolios? NO! all will be public. Selling short: (shorting) selling a stock that one does not own at the time of the sale also assuming that one will be able to buy the stock at a lower amount than the price at which they sold short. Stop order: Order to buy or sell a stock once the price of the stock reaches a specified price. (DW) Allow private portfolios? NO! all will be public. Same for “Allow Margin”

Limit orders: To avoid buying or selling a stock at a price higher or lower than you wanted. Ex: If you want to buy a stock offered at $9, but don’t want to end up paying more than $20 for the stock, you can place a limit order to buy the stock at any price up to $20. (DW) Remember that your limit order may never be executed because the market price may quickly surpass your limit before your order can be filled.

Change: since the last closing of the stock exchange. Last: Price per share Ex: 10 shares of Dell costs $113.30 Change: since the last closing of the stock exchange. Volume: number of shares traded during a given period. Ex: in this case one week. Simply tells us the “excitement” (or lack thereof) in a stock.

IMPORTANT

Buy: Duh Sell: Duh Sell Short: Look up Buy to cover: a buy order that closes out an existing short position which needs to be repaid. This order, by buying an equal number of shares as were borrowed, “covers” the short sale.

(DW) If you short stock you profit if the stock moves lower and you are able to buy it back at a lower price. (buy to cover). Theoretically shorting has limited reward and unlimited risk since the most money you can make is if the stock goes to ZERO.

Good till cancelled: (GTC) An order to buy or sell a security at a set price that is active until the investor decides to cancel it or the trade is executed. If an order does not have GTC instruction then the order will expire at the end of the trading day the order was placed. AKA (Day Order)

(DW) This type of order is traditionally placed at price points away from the price of the stock at the time the order is placed. Ex: if a stock you hold is at $40 but you believe it will go to $50 at which point you will sell then, you can use a GTC order. Once the GTC order to sell is placed, if the price of the stock reaches $50 at any point over the next few weeks/months your shares will be sold.

Market: The current price of share (last). Limit: Look up Stop: Look up

More info on company?

Addendum Must have 5 active trades in portfolio at a given time. Trading day is from 900 to 430 Each transaction has a $9.95 fee.

Grading 4 grades. 3) Weekly synopsis Due dates 1) Must have at least ONE transaction per trading day of between 4/4 and 4/18 (Th.-Th. *2 weeks). 2) Competition between class members. Top 5: A 6-10: B 11-15: C 16-20: D 21-26: F 3) Weekly synopsis Discuss about the 4 stocks in portfolio (2 for each week). Identify any strengths and weaknesses Identify what led you to purchase that stock or sell it. Include all orders of the week. Must be typed. Due dates Monday/Tuesday 4/22