Thursday, October 13, 2011

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.
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10 comments:

  1. zipperdipperOctober 14, 2011 at 12:22 PM

    amy you make it really easy to understand you have all the requirements and you have the right numbers it looks like your going to do really good

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  2. Brooke ThomasOctober 14, 2011 at 1:01 PM

    The information about the spike in their price during Halloween last year was really helpful to understanding the trade. You were very specific about your information and it was easy to understand. You did a really good job!

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  3. AKkai16October 14, 2011 at 1:15 PM

    well written good job

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  4. MorganlynnOctober 14, 2011 at 1:45 PM

    I like how much information you gave on why you bought the stock and what you plan to do with it. Your prediction is even down to the day which i think is really good.

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  5. zzkienlenOctober 14, 2011 at 7:06 PM

    Great job Amy, I really like it. Keep up the good work.

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  6. TracyadOctober 15, 2011 at 8:59 PM

    Nice post Amy! You had a lot of really good information about your stock and its competitors and the 52 week range. And I like your font.

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  7. mrkapptieOctober 17, 2011 at 8:33 AM

    Good job! Is there more historical data to justify prediction?

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  8. SISI!!!!October 25, 2011 at 12:41 PM

    Amy, my brah. You did fantastic.

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  9. Fellers blogOctober 25, 2011 at 6:28 PM

    good job i did the same thing .

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  10. korrie.kalOctober 26, 2011 at 1:04 PM

    good job amester! you did fabulous <3

    ReplyDelete

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