David: Antics = my life

Tuesday, May 10, 2005

Microsoft

I bought $1300 worth of Microsoft stocks because I thought that they were releasing a new game console within a month. After I bought it, I found out it's actually a year before they will release. I sold it for a $2 loss, but $15 transaction fee.

I just bought 125 shares of RedHat at $12 a share, $1400 total. It's v risky because I really don't know the software industry. I'm playing a dangerous game. I aim to cash out at +3 or -2 dollars for a $300 gain or $200 loss, depending on which comes first.

My strategy sucks and I know it. Haha!

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