Good short term investments

[GhostWriter16]

Note: I am aware that it makes no sense to buy a stock and sell within 6 weeks. Not in real life.

However, this is a game for school so,

what investments would CFC recommend that will potentially likely profit within a 6 week period, or less?

 

[Deaths Advocate]

Grow some shrooms. You can turn them around within your time frame.

 

[GhostWriter16]

I'm well aware this is guesswork. Remember: "This is a game and it would be completely stupid to do this in real life."

 

[Deaths Advocate]

Centamin Egypt. A gold mining company. Their shares are cheap and fluctuate a lot. My dad bought them at .13€ years ago and has been in and out many times. Maxed out near 1.2€ at one point.

You want to find shares that are cheap, no point buying some big shares that won't do enough in 6 weeks.

 

[dutchfire]

Gold.
Obama on InTrade.

 

[GhostWriter16]

Some caveats I should have mentioned...

1. They MUST be on the New York Stock Exchange.

2. The game rules require me to minimum at $5 per share. And due to monetary contraints anything more than $20 per share would be unrealistic (We also HAVE to buy at least 100 shares at a time although I've been more inclined towards buying thousands at a time thus far.)

 

[rugbyLEAGUEfan]

For today? Americain.

 

[Smellincoffee]

Oil? I heard it's dipped a bit, but they're bound to fire back up after the election.

 

[hobbsyoyo]

Gold.
Obama on InTrade.

He's back up? I thought there was a thread where libs were freaking out because Romney was up on InTrade?



GhostWriter16:
I'd bet on healthcare for reasons I explained in the other thread. Obama's probably going to win this election.

I'd also bet on any construction companies active in the NE, they will get a boost due to Sandy.
I'd short sell any insurance firms operating in the NE, they will fall due to Sandy.

I'd also bet on Waste Management (or any trash operators in the NE) as they will also get a boost out of the Sandy cleanup.

Not sure about utilities - they could be tricky because they could actually go up if they are responding well to the disaster. Maybe. IDK

 

[Birdjaguar]

I'd go for SPIDERS in the short term:

Spider
Also called a Standard & Poor's Depositary Receipt or a SPDR. An exchange-traded fund that tracks the Standard and Poor's 500. The organization issuing the SPDR owns each of the stocks traded on the S&P 500 in approximate ratio to their market capitalization. SPDR shares can be bought, sold, short-sold, traded on margin; they generally function as if they were stocks. Dividends are paid quarterly and are based on the accumulated dividends of all the stocks represented in the SPDR, less any expenses. Investors use SPDRs (and indeed all exchange-traded funds) as a way to easily diversify their portfolios at relatively low cost. Investors also see the demand for SPDRs as an indicator of which direction the market believes the S&P 500 is going.

Because they track the market, you will reduce your individual stock risk. In your game, buy them if you think the market will track up between now and the end of the year.

For an individual stock check out 7-11. They just closed a big expansion deal Nov 1.

 

[azzaman333]

Obama to win the election at $1.20. Easy money.

 

[GhostWriter16]

I don't think you can actually bet on the election in the game.

 

[Zelig]

Bananas are an excellent short term investment.

 

[azzaman333]

Bananas are an excellent short term investment.

Delicious too.

 

[FriendlyFire]

I don't think you can actually bet on the election in the game.

I would do risky currency trading, I bet that the US dollar will soon collapse because Romney will win the election and 20% across the board tax cuts will collapse the entire economy. Buy Chinese Yuan, because communist socialist are better capitolist then Republicans.

And everyone knows that Asians are better at "maths"

 

[King Kalmah]

I keep telling everyone I know to invest in Chinese electronics/cell phones since it is supposed to explode with purchases from the middle lower class for cell phones...

not sure what company to look for though....

EDIT Romney crash the economy...hahaha...Obama has it already in the works so either way it will collapse...spring 2013....

 

[Quackers]

hygro's ego, i hear it expands exponentially. better get in fast!

 

[sophie]

Delicious too.

God dammit azza! Stop eating all our shares!

 

[azzaman333]

God dammit azza! Stop eating all our shares!

Stop making them so delicious then!

 

[rugbyLEAGUEfan]

Note: I am aware that it makes no sense to buy a stock and sell within 6 weeks. Not in real life.

Except when it goes up appreciably the day after you bought it, moreso if you have good reason to believe it will drop the next