pleifer 0 #1 July 20, 2004 Hey y'all, I want to lose $100,000 (fake money of course) as fast as possible in the stock market. background- in my finance class we have to pick 4 stocks and "invest" in them and report the productivity. There is a prize for the big gainers and the big losers, so what are the bad picks of the week? can't be sombody that allready tanked (enron, worldcom) but i want stocks that are going to tank, or maybe long shots that, (maybe gamble for the top?) anyway just thought some skydivers might have some bad.... he he.... ideas thanks, paul _________________________________________ The Angel of Duh has spoke Quote Share this post Link to post Share on other sites
towerrat 0 #2 July 20, 2004 ^ Fred Sanford voice on^ Porkbellies, ya big dummy !Play stupid games, win stupid prizes! Quote Share this post Link to post Share on other sites
CanuckInUSA 0 #3 July 20, 2004 Go short on some companies that are doing well, if you want to lose $$$. Try not to worry about the things you have no control over Quote Share this post Link to post Share on other sites
cvfd1399 0 #4 July 20, 2004 enron? martha stuart? second chance bullet proof vest company? Quote Share this post Link to post Share on other sites
mattjw916 2 #5 July 20, 2004 airline and utility stocks might be able to sux0r the money away pretty fast... if you just want to lose all your money in a stock market game just make a boatload of trades really fast racking up fees and penalties... there is a financial term for doing that... but i can't remember what it is... it's been a while since I took a business classNSCR-2376, SCR-15080 Quote Share this post Link to post Share on other sites
pleifer 0 #6 July 20, 2004 the problem is, 4 stocks 4 weeks, no trades I thought as a joke, being we are not graded on performance, but on our analysis of the outcome, ect ect... yada yadda... martha steward, enron, world com, and imclone..... think that would make a good smart ass portfolio for a finance class? as you can tell i am a bit burnt out, shoulda took the summer off oh well I'll be done soon _________________________________________ The Angel of Duh has spoke Quote Share this post Link to post Share on other sites
kelpdiver 2 #7 July 20, 2004 it's as hard to lose most money as to be the bigger winner, but presumably you have fewer competitors. Still, someone trying to shoot for the moon could crash and burn right past you. If you can identify stocks with upcoming earnings reports you suspect will be subpar, or who are about to announce failed FDA clinical trials, they'll see a nosedive if the news isn't expected. But if the bad news has already been built into the price, no joy. Quote Share this post Link to post Share on other sites
ematteo 0 #8 July 20, 2004 Do you have to choose 4 stocks, or can you pick fewer? What about warrants or options? Best bet would be to go for high volatility. This probably means really inexpensive stocks that have a history of moving all over the place. If they allow warrants or options, these will have higher vol than the underlying stocks. Good luck, Quote Share this post Link to post Share on other sites
nightjumps 1 #9 July 20, 2004 MSW PNC TPP VAST Quote Share this post Link to post Share on other sites
