It is now Day four and here is where the stocks sit:
1) INTC - 405 shares - $8444.25 purchased 12/11/6 at $20.84 per share. Current price $20.70
The INTC shares went from $20.84 on purchase to $20.70. This is a loss of $0.14 per share which results in a net loss of $56.70.
2) T - 300 shares - $10404 purchased 12/5/6 at $34.68 per share. Current price $35.18
The AT&T shares went from $34.68 on purchase to $35.18. This is a gain of $0.50 per share which results in a net gain of $150. AT&T shares also hit a 52 week high of $35.33 yesterday!
3) YHOO - 38 shares - $1042.34 purchased 12/5/6 at $27.43 per share Current price $26.49
The Yahoo shares went from $27.43 on purchase to $26.49. This is a loss of $0.94 per share! Which results in a net loss of $40.66.
4) IQWB - 58 shares - $9.28 purchased 12/11/6 at $0.16 per share Current price $0.13
The IQWB shares went from $0.16 on purchase to $0.13. This is a loss of $0.03 per share which results in a net loss of $1.74.
Seeing AT&T stock hit the 52 week high is a very good thing indeed. I expect the stock to continue to rise as the drop was probably due to people cashing out.
The penny stocks did terrible for me. I think I must have gotten my information too late as the morning before I jumped on it rose to $0.20 per share from an opening price of $0.15. Someone made money on it, it just wasn't me!
The value of my portfolio now stands at: $19951.79 which means I have lost $48.21.
DISCLAIMER: I am not a stock market analyst. Following the suggestions in this series of articles is done at your own risk. The buying and selling of these stocks, in regards to this series of articles, is entirely hypothetical as no money ever changes hands. Before you invest in any stocks or bonds please take some time to talk to someone who knows more about the market than I do!