Presentation on theme: "The Stock Market Game 2010 By: Danny Moore, Kaitlyn Schmeda, Bridget Fuller, and Michael Ecklund."— Presentation transcript:
The Stock Market Game 2010 By: Danny Moore, Kaitlyn Schmeda, Bridget Fuller, and Michael Ecklund
About Our School! We are from St. Eugene School on the Northwest side of Chicago. This is the second year that our school has participated in The Stock Market Game. Last year our school took second place and this year we took first!
About Us!! We, Danny Moore, Kaitlyn Schmeda, Michael Ecklund, and Bridget Fuller are 8 th graders at St. Eugene. Resurrection, Maine South, Guerin Prep, St. Ignatius, and Notre Dame are our high school options. We are very excited to be here and honored that we won The Stock Market Game.
Stock Market Game Experiences SMG experiences were up and down Half of the time we were in the 100s place At one point we were in last place Stocks skyrocketed late in game Patience is very important in this game
All of our Stocks Stocks bought and sold: Microsoft, Pepsico, Apple, Starbucks, Activision, Abercrombie & Fitch, McDonalds, Under Armor, Amazon, and Golden Star Resources. Stocks that benefited us and that we kept: New Gold, Hecla Mining, and Nova Gold. Stocks that hurt us: Apple and Golden Star Resources. We lost about $4,500 in the stocks combined.
New Gold (NGD) New Gold was one of our biggest stocks that made us over $11,000. We bought 4,000 shares of New Gold when it was at around $7.20. It closed at $10.11 which made us an overwhelming amount of money. We invested in this stock because gold has been down for the last couple of years and it was destined to go up. We took a big risk in the SMG and it definitely paid off.
Hecla Mining (HL) Hecla Mining is a silver company, which made us over $13,000! We bought Hecla Mining at around $8.00 and it closed at 10.50. We bought this stock with only about a month and a half to go in the game, and it paid off. Silver was also destined to shoot up in the Stock Market and we are glad that we bought so many shares that we made so much money.
Amazon (AMZN) We had Amazon for about a month and a half left to go in the SMG. Amazon made us over $1,000, and was very consistent for us. Amazon is an online shopping company We sold the stock with about a week to go in the SMG, and locked in our gains
Summary/What We Learned In the Stock Market Game we learned that it takes time and patience for you to succeed in the Stock Market My dad has held on to the same stock for several years now and has seen his stocks go up and down We have also learned that the Stock Market is very unpredictable. You cant base a stock on how it does in a week, but how it is doing over long periods of time.
Conclusion Overall we have had a great time in the SMG. It was an amazing experience. The SMG has taught us how the stock market works and how much our economy depends on how well the stocks are succeeding or possibly failing. We would also like to thank everyone who made this game possible which taught us how the Stock Market works. Thank you all for your time and we are honored that you had us here. Are there any questions?