Tuesday, October 15, 2013
Class Stock Exchange
During the Thursday class period when I walked to the class I was surprised when we couldn't go in, but soon the doors opened signifying the stock maket opening, it was quite hectic and got your adrenaline going when everyone was racing to pick up candy and money off the floor. It was dark in the room with the projector going and loud crowd noises playing throughout the entire class period. At the start of the period we were all having a hard time understanding what to do and we're were struggling to make trades. Soon I figured out that the candy was your shares in stocks and the money was just that. Stock prices were posted on the board and updated every 2 minutes with a news flash from Mr. Kapptie. We soon started to understand that stocks were going up and we're continuing to rise and we were all trying to buy stocks from people that wouldn't sell for the same reason. By the end of the class period I had accumulated $500 some dollars and about $4500 in stocks which was one of the higher portfolios of the class. I would say this exercise was necessary and helpful to us as wear trying to learn how to trade stocks.
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