EIB Test April 2008 | Page 78

Hyeon Ji Shin UC Riverside Extension Center, 1200 University Ave, Riverside CA 92507-4596 Phone : (951)275-4400 e-mail : [email protected] Because the stock market was good, and people expected the government new plan to boost the economy, the price of LPL was increased until July 21 according Yahoo! Finance. In addition, investors might buy the shares to sell later when the price went up. However, after July 21, the price deceased slowly. The price was affected from the bear market. Besides, global sales of LCD television, which is one of the main products, were considered that it would be below. Also, demand for large-sized displays such as TV screens and computer monitors, which account for around 70 percent of the company’s earnings, was predicted to decease. This information is based on REUTERS. Investors didn’t want to invest in this company because of the bad outlook. When the stock price was going down, I was so nervous. Although the percentage of this company stock was only 25% of my capital, I believed that the price didn’t decrease. Now, I want to sell these shares because the growth potential is low. Fortunately, I didn’t lose money, but I can’t expect the profit through this company. Summary Table Company Share price No. of Shares Opening date Closing date 2011-07-18 2011-08-01 Total Profit 2011-07-18 2011-08-01 $ 211.53 $ 221.32 50 $ 10,546.50 $ 11,066.00 $ 519.50 Coca-Cola $ 67.12 $ 67.73 178 $ 11,947.36 $ 12,055.94 $ 108.58 LG Display $ 13.12 $ 13.12 569 $ 7,465.28 $ 7,465.28 $ - 797 $ 29,959.14 $ 30,587.22 $ 628.08 Amazon.com Total Daily Transaction Chart Date 2011-07-18 2011-07-19 2011-07-20 2011-07-21 2011-07-22 2011-07-25 2011-07-26 2011-07-27 2011-07-28 2011-07-29 2011-08-01 AMZN KO LPL