Week 6 Transaction ScreenCastOMatic

http://screencast-o-matic.com/watch/cX6tY2OLV

Occupy Wall Street

I think that with our economy being so hard there will be jobs that don't exist anymore. It's hard to just graduate from college and realize you won't be able to find a job so you live off of minimum wage, and can't go back to college to find a different degree because there are already in  debt from the last time they were in college. Also, in our minds we remember only the jobless, of being people too lazy to go out and find jobs but since times have changed with our economy, everyone is at risk of losing their job because no one can afford to employ anyone. After a while I think people are just so used to not having a job that their last option is protesting. But, I also believe they shouldn't be protesting and getting the goverments money because they sit at home. I'm for the protesting, but I believe there are good points in both.

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Week 5 stocks

Week 4

I traded 130 stocks of Hersheys Company yesterday for $59.56. I already had 200 stocks I bought last week, but the price went up so I decided to buy even more. My catalyst is that Halloween is coming up at the end of the month so everyone will be buying candy for that holiday. I'll be selling right after when the prices start to drop. I'm guessing the price will be up to $75.00 on the 31st of October. This last year the prices haven't been great on it and been altering of making money and losing money except around this time the prices spiked high to $60.00 a share but I'm expecting more this year because we're doing better in our economy this year. Their dividend is 2.38. Their main competitor is Kraft Food company, but since they don't just make candy their stocks didn't spike as high as Hershey's did last year. I'm thinking of buying more the week before Halloween if it goes up even more but I'm giving another week to see and make sure I want to invest more money on that company.

week 3 stocks

I sold my Schlumberger stocks because it started out as an investment but I kept losing money on it. It sounded like a good idea at first since they just hired more employees but I can only lose so much.
I invested in 230 shares of Pharmaceutical Products instead for $32.39. It's been going up these last couple days so I'm waiting to see if it will keep going up and then sell it the minute it goes down. It's main competitor is Crucell N.V. but their shares went down instead.