Investment Report

Over a period of four months, I was fitted to transform my initial cash balance of $5,000,000 to a whop $7,239,620. I incorporated the use of buying on margin, goldbrick moveing, and steady day trading to gain my profits. Also, evaluating world events/ scotch factors on with important countersign regarding my individual acquits was crucial to my telling success. Valuating inceptions was unimpeachably not a priority of mine in determine my portfolio. Rather, I relied on fundamental analysis and news/headlines to catch up with my decisions. To start off, there were definitely a hardly a(prenominal) stand-out stocks which greatly contributed to the success of my portfolio. One such stock was Netflix (NFLX), from NASDAQ. by and by I saw the headlines regarding how Netflix was going to change its pricing capture and separate their instant view subscription from their mail rental subscription, I correctly hypothesized that consumers would sub sequentially be greatly col ored off by this. Essentially, the same service that used to be $9.99 became almost $16 dollars. I waited a few weeks to nail up if the stock would start dropping in price, and sure enough, it steady declined. At this point I decided to pathetic sell Netflix which was then trading at roughly $220 dollars.

I shorted $500,000 worth(predicate) of Netflix stock in the middle of August at this price, and it is presently trading at $70.58 as of December 7. This led to my probatory personal gains as Netflix stock steadily plummeted daily. I stock there to be a gradual increase in Netflix price as the company slowly begins to regain its mart sh be. As the figure shows, the effects of Netflix price change argon still propagating! the stocks plummet even months later(prenominal) on the change occured Similarly, I also invested in Googles stock towards the end of August when their stock price had fitting belatedly decreased significantly, (about 20%), from everywhere $620 per share to respectable over $490 per share. I expected the price to increase by whatsoever margin, although I didnt realize...If you want to get a upright essay, order it on our website: OrderEssay.net

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