Hyeon Ji Shin
UC Riverside Extension Center, 1200 University
Ave, Riverside CA 92507-4596
Phone : (951)275-4400
e-mail : [email protected]
Stock Project Memorandum 2
Date:
To:
From:
Class:
Subject:
August 3, 2011
John McGowan
Hyeon Ji Shin (Jay)
EIB-2
Stock Project Memo 2
Introduction
From July 18 to August 1, I invested in three companies: a high risk company, Amazon.com Inc.
(AMZN), a blue chip, Coca-Cola Company (KO), and LG Display Co., Ltd (LPL). I spent $29,959.14 to buy
797 shares of the stock. At the closing date, I earned $628.08, and it is around $0.79 per share. First, I
invested in AMZN $10,546.50, 50 shares and I earned $519.50 more. Second, $11,947.36 was spent on
178 shares of KO and I also earned $108.58. However, unfortunately, the stock price of LPL at closing
date was the same to the beginning price, so I didn’t get any profits through 569 shares of LPL.
Actually, all three companies’ stock price went up on July 19 because inventors expected that
the problem about the debt would be solved, and America economy would improve. According to Yahoo!
Finance, the bipartisan six senators offered a major plan to resolve the problem, and the president,
Obama, seemed to approve this plan. However, after a few days, the federal government didn’t raise
the debt ceiling; in addition, Greek economy’s outlook was not good. Therefore, inventors were
disappointed, and many analysts were worried about America economy. This made the stock price
decease, but AMZN’s price didn’t go down due to their great profits on second-quarter according to
Briefing.
Company Stock Prices Analysis
1. Amazon.com Inc. (AMZN)
AMZN
225
220
215
210
AMZN
2011/08/01
2011/07/31
2011/07/30
2011/07/29
2011/07/28
2011/07/27
2011/07/26
2011/07/25
2011/07/24
2011/07/23
2011/07/22
2011/07/21
2011/07/20
2011/07/19
2011/07/18
205