<p>Yes thats a trade. The open/closing of position counting to the number of trades depends on the simulator. You may want to send an email to whoever is the person in charge about it.</p>
<p>What site do you guys do the stock market game on? Which do you recommend?</p>
<p>I do mine on Virtual Stock Exchange:</p>
<p>Commissons are not per share but it is still useful especially if you are a beginner.</p>
<p>Does anyone know of a really cheap stock that is projected to grow!!!!</p>
<p>I myself am particular keen to CHDT.OB.</p>
<p>It's on an OTC, but it is a very cheap, low cap stock with great potential. </p>
<p><a href="http://finance.yahoo.com/q?s=CHDT.OB%5B/url%5D">http://finance.yahoo.com/q?s=CHDT.OB</a></p>
<p><a href="http://ichart.finance.yahoo.com/w?s=CHDT.OB%5B/url%5D">http://ichart.finance.yahoo.com/w?s=CHDT.OB</a></p>
<p>I bought some at .087 and today it went all the way up to .11. I know it doesn't seem like a large increase but that's almost a 27% increase right there.</p>
<p>Be careful with OTC stocks. Liquidity is low. I mean only 1.2MM exchanged hands today. Its pretty easy to move the market (if say a guy wants to buy a 100K position).</p>
<p>My equities activity (only my personal account) is with long/short baskets with a one month holding period. I post up my basket over the next weekend.</p>
<p>um growth and value both go through their ups and downs u cant generalize one is usually better than the other because they have their different periods</p>
<p>BMD, NXG</p>
<p>I thinking about these....</p>
<p>*** is what I think about. ;)</p>
<p>uhyea> I suggest you read the works of Fama and French. The showed that value beats growth 2/3 of the time historically. </p>
<p>Don't put faith in whatever "financial websites" you read, half the info is bs anyway. Focus on academic research or your own research. </p>
<p>BTW I also suggest you read and understand what criteria the various papers are using to define value and growth as that can have a large impact on results.</p>
<p>I am using the book "Fundementals in Investment Management"</p>
<p>I got it from a TCU camp I went to...</p>
<p>Grandpabuzz:
Did you see how much liabilities and debt that CHDT.OB holds? </p>
<p>Do you guys know where you can get good academic papers, stupid JSTOR only allows libraries to retrieve articles.</p>
<p>I use Jstor and Proquest. You can pretty much get anything from there.</p>
<p>I use Value Line...</p>
<p>Well Jstor and Proquest are databases for academic research papars haha. </p>
<p>However, Value line is an excellent resource especially for historical data. Thats a step in the right direction.</p>
<p>"Grandpabuzz:
Did you see how much liabilities and debt that CHDT.OB holds?"</p>
<p>Of course it's a relatively new company. However as volume as picked up look at it's assets vs. liabilities their last quarter.</p>
<p><a href="http://finance.yahoo.com/q/bs?s=CHDT.OB%5B/url%5D">http://finance.yahoo.com/q/bs?s=CHDT.OB</a></p>
<p>Their asset/liability ratio is 0.94. While it may not be good relative to other companies, juxtaposed to their previous quarter's ratio of 0.05, I say that is quite an upgrade. </p>
<p>Their net income has increased 111% last quarter, revenue increased 1250%, and financing cash flow up 5467%.</p>
<p>The only concern I have is possibly operating margins, but looking at fundamental aspects of the company it is clear that volume has increased and should hold some growth potential. Is it risky? Yeah it is, but for speculators it could eventually be gold especially for such a cheap price.</p>
<p>look into ALE....</p>
<p>ALE looks overvalued to me. Close to its 52-week high with a P/E ratio that is also high especially compared to its P/S. </p>
<p>Revenue and EPS estimates are close to what they should be. I do like how OM increased over the last few quarters.</p>
<p>However, there net income has decreased over the past 3 years and their quarterly differences are marginal and stable so their won't be much surprise when they release their earnings. There could be an argument that they are part of a head and shoulders technical observation over the past three months which typically leads to an increase in price. </p>
<p>If this is a short term investment I might consider it, but by looking at the fundamentals and especially their decline in revenue and income I wouldn't favor investing in it for the long run.</p>
<p>EGY is another one I like.</p>
<p>Anyways</p>
<p>Well I am playing with fake money (1 million dollars) against 30 kids...</p>
<p>I dont know if I should be a risk taker and take the lead at the start of be safe. My competition is hard on top of that. It is the top kids in texas including many perfet SAT scorers....april is the end of the competition.</p>
<p>Thanks for the help</p>
<p>Heh, SAT scores do not correlate to investment prowess at least in the high school level. The person thats going to win is going to buy a couple of high flying positions and get lucky and score a 100% win. Then s/he is going to think they are the next Buffett/Soros/Simons and have his/her parents dump 10K in a portfolio. Then in the next 3 months s/he shall score a -50% return. </p>
<p>Thats how it always works. And thats why I am not a fan of fake trading contests.</p>