Transaction#1: Today i bought 100 more stocks of best buy because right now they are doing really well and i feel in 52 weeks they are gonna be doing awesome! a few of their competitors are Ambercrombie and fitch, american eagle, and Gap which all happen to be doing okay but not the best.
Transaction #2: I short sold Target because it doesnt seem to be doing very well and in 52 weeks i think it will go down even more and i would lose money. A few of targets competitors are costco, kmart, and walmart. that are all doing better then target in some way and i dont want to keep losing money because of target.
Is best buys competitor really a clothing store?
ReplyDeleteYou need to have a clear prediction in dollars.
Be careful in just listing information/
Your background and font are very inciting! However, I must agree with Kapptie, I dont know how much the stocks were or how much you predict them to increase or anything :(
ReplyDeleteJust uhh, stay frosty.