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In my financial management class we are playing the Virtual Stock Market game. It is for a 300 point homework grade and the top 10 ppl in the class get bonus points, too. Can you please help me out with what companies to invest my money in? Here are the rules...

Rules of the Game

• Beginning Date: October 19, 2007
• Ending Date: November 26, 2007
• You have $100,000 to invest
• You must transact in round lots (100 shares)
• You must purchase companies listed only on the NYSE or NASDAQ
• You must purchase only common shares.
• You must select no more than 20 companies and no less than 5 companies
• You are required to make at least 2 trades.
• You must spend at least $95,000!
• The lowest price you can pay for stock is $2 per share.
• There is a $29,95 charge for each transaction
• You may borrow up to $100,000 but the interest is 6%/

2007-10-18 12:59:08 · 2 answers · asked by Anonymous in Business & Finance Investing

2 answers

Between 5 and 20, and for 30 days.

200 shares of NY (about 16k)
200 shares of IOO (almost 17k)
as much as you can of SPY and FXI (like max out your margin),
then flesh out what you need with something like 100 shares of something like WW (about 4-7k of whatever) to make the 5th stock.

Good luck.

2007-10-18 13:59:31 · answer #1 · answered by Rabbit 7 · 0 0

Research Oil companies, Oil exploration companies, Companies that were in news recently such as Oracle. You will get your answer. Don't expect someone to chew your food and put it in your mouth.

2007-10-18 14:11:54 · answer #2 · answered by Anonymous · 0 2

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