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Created with Fabric.js 1.4.5 Rainy HerakovichZach KeslinAlec Thompson An Emotional Market Our main philosophy As a team we had decided to take riskier investments, playing on emotional reaction to news eventsThe main issue covered by the media during the competition was Ebola.Fearmongering caused investors to inflate the price of stocks lacking P/E ratios.To profit on this, our team decided on investing into hazmat suits, more specifically Lakeland Industries and Alpha Pro Tech.We avoided pharmaceuticals, as the risk of a breakthrough by one company destroying the rest is much higher.After investors lost faith in the stocks, prices dropped like a rock. To take advantage, we shorted these stocks. double click to change this title text! double click to changethis text! Drag a cornerto scale proportionally. Realized Gains and Losses IN_30_Z377 Donald Fortner Investment Rationale:For Lakeland Industries(LAKE), we bought this stock early, before Ebolareally started to get a lot of news. News events pushed this stock up wayfurther than it should have, and when it hit its peak, we knew that shorting would be a fantastic ideaAlpha Pro Tech (APT) was bought on the same rational, however webought at the wrong time, on the way down. We quickly sold and returnedour losses.Amazon (AMZN) was purchased on the hopes that Christmas deals would increase the price. This was not the case, as poor ratings from investorsdestroyed the price.OAKLX was a mutual fund that was purchased to keep some stable growth in our portfolio. Ending Portfolio Future Changes If we were to do this again, I would definately buy safer stocks, as the amount of time and effort to maintain this portfolio was too much We kept our mutual fund, as our previous stocks became too unstable. We decided to sell them and buy a few new stocks to compensate. Final Stats % Return: 20.78Gains: 20777.23Final Balance: 120777.23
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