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Old Oct 8, 2004 | 08:42 AM
  #31  
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The warren buffet way....Stocks for JDS Uniphase....The company for VIOXX....and GE.......i've been stealing the Wall street journal from the big wigs upstairs :rick: :chuckles:
Old Oct 8, 2004 | 08:46 AM
  #32  
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Originally Posted by darksideofjae
The warren buffet way....Stocks for JDS Uniphase....The company for VIOXX....and GE.......i've been stealing the Wall street journal from the big wigs upstairs :rick: :chuckles:
did you start by learning accounting Principles first? like how to read income statement?
Old Oct 8, 2004 | 08:53 AM
  #33  
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Originally Posted by darksideofjae
The warren buffet way....Stocks for JDS Uniphase....The company for VIOXX....and GE.......i've been stealing the Wall street journal from the big wigs upstairs :rick: :chuckles:


why would u buy merck tho.
Old Oct 8, 2004 | 08:55 AM
  #34  
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The reason i would buy merck is i feel and can see that they are going to rebound off of it. Plus thats what i heard from a co-worker who is deep into the stock market.
Old Oct 8, 2004 | 08:58 AM
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dont you have a transmission to purchase? where is all this money coming from?

are you traffiking? :eh:
Old Oct 8, 2004 | 08:59 AM
  #36  
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Originally Posted by darksideofjae
The reason i would buy merck is i feel and can see that they are going to rebound off of it. Plus thats what i heard from a co-worker who is deep into the stock market.
u dont think theyre gonna get their asses sued over and over?
Old Oct 8, 2004 | 09:03 AM
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Originally Posted by darksideofjae
The reason i would buy merck is i feel and can see that they are going to rebound off of it. Plus thats what i heard from a co-worker who is deep into the stock market.
Vioxx is one of Merck's most important drugs, with $1.8 billion in U.S. sales in 2003 and global sales of $2.5 billion — 11 percent of the company's $22.49 billion in revenue that year!
They did recall it, costing a shit laod, plus all the lawsuits will be comming in...

You could go the other way and buy Pfizer stock as they will be profitting from this... People with Vioxx need a alternative most probbly Celebrex!
Old Oct 8, 2004 | 10:13 AM
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My advice is to try the imaginary trading. I know it's hard to keep track of something daily or weekly that's not real, but it'll pay off. Right now $200 is not really enough to start out with so keep saving, and by the time you have some more money your knowledge will be better. I like to stick with large stable corporations. EX: Home Depot, Coke, Walmart, Merck, Pfizer to name a few. Theres not a lot of opportunity to make a lot in the short term with these stocks, but after a few yrs I know what their low points are. Making a couple hundred dollars a month with these is good enough for me. The more money you can invest the more you can make (or lose). I prefer to pick a stable company, and sell after a 2 point increase. Each time I can get a few more shares.
Old Oct 8, 2004 | 10:16 AM
  #39  
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Originally Posted by wilsel
My advice is to try the imaginary trading. I know it's hard to keep track of something daily or weekly that's not real, but it'll pay off. Right now $200 is not really enough to start out with so keep saving, and by the time you have some more money your knowledge will be better. I like to stick with large stable corporations. EX: Home Depot, Coke, Walmart, Merck, Pfizer to name a few. Theres not a lot of opportunity to make a lot in the short term with these stocks, but after a few yrs I know what their low points are. Making a couple hundred dollars a month with these is good enough for me. The more money you can invest the more you can make (or lose). I prefer to pick a stable company, and sell after a 2 point increase. Each time I can get a few more shares.
Thats a good point im actually gonna start off with $1000 in imaginary money this weekend.



Originally Posted by LT6916
dont you have a transmission to purchase? where is all this money coming from?

are you traffiking? :eh:
I stopped traffiking. Besides this is a old thread when i had money....:chuckles:
Old Oct 8, 2004 | 10:17 AM
  #40  
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Originally Posted by darksideofjae
The reason i would buy merck is i feel and can see that they are going to rebound off of it. Plus thats what i heard from a co-worker who is deep into the stock market.
Yeah, I heard the same thing from a guy that does institutional trading on Wall Street. Buy Merck (NYSE MRK) I guess some of the big Mutual Funds are buying Merck right now.



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