Friday, October 23, 2009

Review of Our Portfolio

We started the stock market game by purchasing stocks starting with 200 shares of CNOOC LTD ADS priced at $164.8830/share equaling out to be around $32976.60 as a net cost. We also bought 250 shares of Wolverine Worldwide priced at $28.0296/share with a net cost of about $7007.40. We paid for 1000 shares of Coeur d`Alene Mines Corporation priced at $24.3894/share and a net cost of $24389.40. Lastly, we purchased 500 shares of Direxion Small Cap Bull 2.5x Inv priced at $30.3858 with a net cost of $15192.90. We haven't had to pay any commissions or even sold any stocks yet. The ultimate value of our portfolio has decreased within this past week due to all of the stocks decreasing in value. We chose the stocks to invest in after viewing the companies past history and decided if they were respectable enough to invest in. No stock splits or dividends have occured to our stock this week either.

1 comment:

  1. The statement "We haven't had to pay any commissions" from your blog post is incorrect. You pay a commission when you buy or sell stock. Check your transaction history to see the amount that you had to pay for each transaction you bought.

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