Questions for third company: LMT
1. -How did you decide the quantity (i.e. why did you purchase 5,000 shares instead of 10,000?)?
Since our game is being played for a restricted time, I thought that there was no point to try and save the 10mil $ I was given so every time i bought shares from a company i tried to invest as much as I could into as many shares as possible. This way when the company hopefully goes up I will make even more money on the few companies I invested in, with all the shares i bought.
2. -What made you choose “x” (i.e. what do you know about that product?)?
I do not know a lot about this company just that it is a global security company that is mainly engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems and products. (http://www.marketwatch.com/investing/stock/LMT/profile)
I have been following the news with my mom and i have heard a little about how the company is doing very well and how experts believe they will keep making profits. Since the experts even say it, why not invest in them?
3. Where is there an abundance of this products main resource and describe that areas political and social climate (i.e. does it come from Africa? Is it located in an area where there is political unrest?)?
The top importer of metals which can be used to build the security services I could find on the internet, was China. They import ore which is a special type of rock containing a common metal that can be used for building. China is a developing country who’s economy is on a steady incline, and I believe that the importation of metals are helping them a lot on this climb.
4. Provide a graph showing the market history of stock “x” over the past 20 years (you can use excel for this) and provide a forecast for its future
http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1267477200000&chddm=999396&chls=IntervalBasedLine&q=NYSE:LMT&ntsp=0
All the experts say that this company is doing very well and that they, as the other companies, will
be making a steady increase. In this case i trust the experts and say that by next month the company
will have made almost double the numbers they have now.
