Friday, October 7, 2011

Transaction - 10/6/2011 - Week 3

This week I bought 300 shares of Microsoft. I really like what this company is doing and due to the recent happenes to the owner of Apple, I think this is when the rival company will be more trusted by the people. Also another reason I bought is that each share was only around $24 per share. So with that low of a price I thought that it would be a good investment. Some other information is the 52 week high and low: 23.65 - 29.46. I think it is a small range but I view it as a steady and consistant investment. I think that by the end of December, the Share price will rise for the current 28.39, to just right below 30.

Also, I bought 20 shares of Google. I did not buy a lot of this stock, because I was planning on this to be a trade. I think that this stock price is actually very high, and if it hits something huge in the next month, that it could be very profitable. The price as of today is down a few percentiles, but as soon as the price spikes, im selling as soon as possible and will then continue to search for other good trade companies. I think that within the next week, that from the current price of 514.39, it will rise to around 517 and this I can sell the stock.

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