Monday, March 5, 2012

RIsk Strategies

Our risk strategies for picking stock were investing in stocks that are used regularly and are creating new products.  We invested in multiple oil companies because oil is extremely valued and people use oil everyday.  We took a big risk in a company called Gazprom, which is another oil company dealing with foreign countries.  We have just recently read about the company and we feel that it will work out in the end.  The price of the stock was relatively low so we bought about 900 shares of the company and are hoping for it to increase.  We also saw that Netflix was increasing and we took a risk with Netflix because we know that Netflix is going to be losing a lot of movies in a few weeks, but they are also going to gain all of the pixar movies in the future so we are also hoping that it will increase.

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