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Anyone who is good with finances could probally answer this..
Hypothetical situation that will help me with my project:
I created a time machine where I can go back in time but only to march 14th 2006. I have 5,000 dollars to spend on any stock(s), my goal is to make the most money possible by investing in the company that will yield me the most net profit.
(I was trying to figure out how to find this out on my own, but I must not be looking right in the right places, thanks for the help)
google, they are going to take over the world.
Yeah I'd go google
I WOULD PUT IT ALL ON BLACK.
I did use google finnance :-(, yet I was not able to find exactly what I was looking for. With yahoo finnance you can only individually check stocks, sorry but reccomending I Gooogle it kind of annoyed me. I've tried and cant find what I am looking for, thats why I posted this. Maybe I am just computer retarded?..
If you can, access Bloomburg Financial, otherwise get the Wall Street Journal from that day and the Wall Street Journal from "today". Go to section C (Money) and compare the price of each stock. (I'm guessing options are off limits, as are other derivative securities). You want the stock that has (as a % of the increased the most as of 3/14/2006). Chances are it will be on Amex or Nasdaq, not NYSE. It will likely be some "penny stock" that went from $1.05 to $4.00. You can also try printing off/downloading the closing stock price for all stocks from 3/14/2006 and do the same for today. Then, in Excel, compare the two lists.
I hope that's enough to get you started, if you have further questions, just ask.
Good luck.
Nah id guess itd be one that moved from a fraction of a cent to 25c or something. Im sure its one that started under a penny its just a matter of how high it got. 400% is nothin in the stock market when u throw in every stock under the sun. Shit I could probably find some pink sheet stock that moved that much just today if I cared enough to look all over for it.Quote:
$1.05 to $4.00.
http://www.pinksheets.com/quote/chart.jsp?symbol=FMXIQ
that went from like a cent to over 3 bucks in the last month so thats 300x ur investment right there
Obviously if u sunk 5k into a penny stock u would probably move it significantly yourself since a lot of these have such low volumes and that of course is impossible to figure in.
No, don't do Google. That's a long term option, not short term. Google would be ideal if you could go back further in time. Fix your time machine. There's no reason it shouldn't go past March 14. Should an easy enough fix if you've gotten this far with your handle on the space time continium. Don't be so lazy.
This project makes no sense. I don't think it's hypothetical at all, and you HAVE got a time machine. In which case, sod the stock market - go back in time and put an accumulator bet on. Or, alternatively, replay that hand where you got stacked with AQ vs AK.
BoondockSaint: Your answer makes sense, never learned about Pink Sheet stocks in my finance classes, I stand corrected.
Your financial volatility will increase like hell if you are putting your poker winnings on stocks. I would personally use index funds which are cheap and can still give you a decent profit.
The market is not bull...so you can forget looking to make a short term big return on any stock you buy...they will just not go up that fast. If you had $500,000...than yes...buy as much of EXXONMOBIL as you can and sell in 3 months...you will make money. But with only $5,000 you should think longterm. You have to decide if this is a long term investment or not. If you are thinking short, wait for the nuts and double up your 5K.
All jokes aside, look at stock like GE, 3M, EXXON, P&G...and your money is safe. If you do a fun, I recommend VANGUARD INTERNATIONL GROWTH FUNDS...you will get a consistent yearly return and your money will work for itself.
russian oil
it was a hypothetical situation because I did not want to explain the true circumstances behind the matter.
If you want real explanation:
- The goal in my economic class project is to make the most money from MArch 14 (1st Day of project) to end of may (last day of march). You invest 5k fake money, person who makes most money wins. Yet, my economics teacher places the original stock sheet that has the original stock I purchased in a spot that I can switch my stock. Thus, I can change my original stock into the stock that has yielded most profit from march 14 up until now.
Now, I did not want to explain all this at first but you guys made me.....I H8te u all. :twisted:
Naw just kidding I love you all. :D