Raina You
UC Riverside Extension Center,
1200 University Ave,
Riverside CA 92507-4596
Tel : (951) 329 – 2536
Email : [email protected]
AMZN
$226.00
$224.00
$222.00
$220.00
$218.00
AMZN
$216.00
$214.00
$212.00
2011/08/03
2011/08/01
2011/07/30
2011/07/28
2011/07/26
2011/07/24
2011/07/22
2011/07/20
2011/07/18
$210.00
Before I started the stock project, I decided to put 40% of my money in Amazon.com
because the company could give me a big return. In the first day of the stock project, I bought 56
shares, and I paid $212.53 at each share.
The graph of share prices is pretty fluctuate. At first few days between July 18 and 20, the
share price increased up to $220.05. It is because the company entered into a bond with CBS
corp. for offering video streaming services of CBS corp. and the Borders Group, an international
book and music retailer company, has gone into liquidation. The deal with CBS corp. is helpful
for users of Amazon.com to enjoy the streaming video services. In addition, downfall of the
Borders Group has a big meaning to Amazon.com and book retail company both. The liquidation
of off-line book store chain is evidence to show how important to use a new technology, the
Internet, for adapting in the market. In the other words, the liquidation of the Borders Groups
means that Amazon.com will have more possibility to dominate the market. Also, it can be
interpreted that online shop is getting close with our life.
At the second period, between July 20 and 26, the prices of share decreased from $220.05
to $214.99. Amazon.com will report second quarter earnings after the market close at July 26. It
is a natural result that the price of shares decreased before the report because Amazon.com is a
high risk company based on the Internet. High risk company can make money a lot at short time,
but that means also investor can lose their money easily.
In the next period from July 26 to 27, we can see the line that rapidly increased because
Amazon.com proves that the company still exists as a e-commerce giant. The income from the