THE FINALE
May 3, 2011
The stock market game is finally over. This will probably be the longest blog entry I have ever done as well, seeing as I am to summarize my entire game from over the past two months. So basically in a nut shell, I did not win it because I let my ego get the better of me and I wouldn’t sell my stocks when they were at there best. Some companies that really helped me out were Netflix, Apple, Hastings and Horizon. Without these companies I would probably be sitting down somewhere with Cal. Companies that killed me though were Wireless Telecoms, Yahoo, Community Health Care, RF Monolithic, and People’s Educational Holdings. In each of these few companies I lost at least 1,500 dollars. Some companies that were sort of indifference were Eaton, RoyaleEnergy, and Google. Overall these companies did not lose or gain that much money for me, but in the longer run were a bad stock selection seeing as I could have invested in another one of my companies that could have gained me a butt load. If I could go back and change one thing it would be the timing of my selling. Had I sold all the companies when I had the opportunity to sell them at their highest, I would most likely have over 150,000 dollars right now, but indecision and my ego got the best of me. I really liked this game though, the competitiveness and excitement of the game. As I know everyone is going to say this but the lag time of the game killed me. I was not able to get out of companies at the right time and this also played a mental part, because I was trying to judge when to sell my companies and that led to some mistakes. In the future I would like to mess around in the sotck market it, but I know I will not because it is just to much of a risk. I finished this game up in 2nd place with a total equity of $105,645.50.
