The Stock Gods by Kylie Young

Portfolio Questions:

kylierosslyn — 2014-04-24 17:41:02 UTC

The Stock Gods biggest gainer was Steve Madden from the last 10 weeks. Its the breadwinner because it was our most stable stock, never losing any money until the last day.
Our biggest loser for the past few weeks was Kirkland. We usually sell off our bad stock after we lose a bit too much from that particular stock. Kirkland is the loser stock because nobody at this time has a high demand for refrigerators or kitchen appliances.
Overall, The Stock Gods made money rather lose money. We only made $400 and we didn’t lose any.
Our most stable stock was Steve Madden.
When we had it, Monster Energy was our most volatile stock.
We only sold the stock that was losing us money. We kept the stocks that were gaining money.
We used the teacup method on Steve Madden and Disney.
The stock had to be somewhat stable for the past months before we buy that certain stock. We would never buy stock that was unstable, we were always cautious when buying our stocks.
Jasmine mostly decided which companies to buy from looking at the graphs and seeing how stable that stock is. Also she would see if the company manufactures products that we always use and need.

Research Information Notes

jjasminetran — 2014-04-24 17:44:04 UTC

http://online.barrons.com/listings-stock-funds

http://finance.yahoo.com/

http://www.thestreet.com/

Magna International Inc(SUMMARY)

jjasminetran — 2014-04-25 04:46:06 UTC

Magna International Inc was one of the biggest automobile parts manufacturers in North America and Canada. It was found in 1957 by Frank Stronach, it was originally named “Multimatic” but once it merged with Magna Electronics it became Magna International in 1973. Magna has approximately 125,000 employees in 316 manufacturing operations and 84 product development, engineering and sales centre’s in 29 countries. Magna operates under a corporate constitution which calls for distribution of profits to employees and shareholders.

WHY MGA?

jjasminetran — 2014-04-25 05:04:29 UTC

We considered Magna International Inc in our portfolio because Magna manufactures auto parts that are supplied to General Motors, Ford Motor Company, and Chrysler.

Major customers were Volkswagen, BMW and Toyota.

Magna’s capabilities include the design,engineering, testing and manufacture of exterior systems, interior systems,seating systems, closure systems, vision systems, powertrain systems,electronic systems, roof systems, body & chassis systems, hybrid &

electric vehicle systems, and vehicle engineering & contract assembly.

Facts about Select Medical Holdings Corporation

jjasminetran — 2014-04-25 05:55:27 UTC

This company has 21,100 employees.
SEM operates specialty hospitals and outpatient rehabilitation clinics.
The company was founded in 1996 and headquartered in Mechanicsburg, Pennsylvania.
SEM operates 108 long term acute care hospitals and 15 outpatient rehabilitation facilities in 28 states; and 1,006 outpatient rehabilitation clinics in 32 states and District of Columbia.
The company’s net income is $34,418.
-Kylie Young

Facts about Magna International

jjasminetran — 2014-04-25 06:02:08 UTC

This company has 125,000 employees.
Magna International develops, manufactures, engineers, supplies and sells automotive products.
The company was founded in 1957 and is headquartered in Aurora, Canada.
Their competitors are Dana Holding Corporation, Lear Corp and Robert Bosch.
Magna International is the leading global automotive supplier with 316 manufacturing operations and 84 product development, engineering and sales centres in 29 countries.

-Kylie Young

Facts about Steve Madden

jjasminetran — 2014-04-25 06:06:45 UTC

This company has 2,864 full-time employees.
Steve Madden owns and operates 121 retail stores, including 4 internet stores.
The company operates 5 business segments: wholesale footwear, wholesale accessories, retail, first cost and licensing.
The wholesale footwear provides footwear under Steve Madden Womens, Madden Girl, Steve Madden Mens, Madden, Steven, l.e.i, Olsenboye, Stevies and Steve Madden Kids, Betsey Johnson Shoes, Superga, FREEBIRD by Steven, Report, MadLove and Candies Brand.
Steve Madden shoes are sold in the US and Canada through the store and in stores like Nordstrom and Dillard's.

-Kylie Young

WHY(not) MGA?

jjasminetran — 2014-04-25 06:34:31 UTC

The company has taken steps going forward by capping executive compensation at 3% of the company’s profit. Still, company execs made more than $45 million in 2013, excluding Stronach. Time will tell whether the company is serious about reducing excessive pay to its top brass.

One of the reasons Magna’s stock price has done so well over the past few years is the company’s aggressive move into components for electric vehicle technology.

The Bottom Line

jjasminetran — 2014-04-25 06:59:40 UTC

The global leader in latching system technology, has expanded its Dortec manufacturing facility to begin producing electronic systems and modules for the automotive industry. The $1.5-million expansion will create 75 new jobs and further positions Magna Closures to meet the growing trend of increased electronic functionality in automobiles.

Reasoning

jjasminetran — 2014-04-25 07:08:57 UTC

For every stock we bought 100 shares for each, the highest we went was 150 for the Monster Corporation. At the time we believed that monster was doing really well, but due to how much money was lost we decide to sell the stock. The price for each stock would always be under $100, because we would want a variety of stocks. We gained around $400 throughout the weeks of the stock market game.

jjasminetran — 2014-04-25 07:12:04 UTC

jjasminetran — 2014-04-25 07:15:27 UTC

jjasminetran — 2014-04-25 07:17:50 UTC

Steve Madden (Summary)

2014-04-25 18:23:47 UTC

The youngest of three brothers, he started the company with $1,100 in1990 by selling shoes out of the trunk of his car.The brand reported revenues of $1.23 billion in 2012(FY 2012),and is sold throughout the world.There are roughly 100 Steve Madden retail stores across the United States. While the company and its stores focus primarily on Steve Madden products, they also carry three more subcategorized Steve Madden lines; Madden Girl, STEVEN by Steve Madden and Freebird by Steven.

Internationally, Steve Madden has a presence in over 55 countries with roughly 185 retail stores & 180 conssesions.

Why SHOO?

nadowii1020 — 2014-04-28 04:50:24 UTC

We though Steve Madden's company would bring us good money because his company is known around the world for manufacturing shoes, handbags, accessories, sun wear, outerwear, belts and jewelry.

These items rack in money in all places and his products are top notch

Why Not SHOO?

nadowii1020 — 2014-04-28 05:16:08 UTC

This company has been through a lot the company was over-promoted (even fraudulently promoted) and the stock was manipulated. Jordan Belfort (the CEO of Stratton) had large undisclosed positions (he admits this in his book) and was actively involved in the manipulation of the stock Eventually the manipulation scheme comes crashing down. Steve Madden is charged with stock fraud and pleads guilty. He went to prison.

This affected the stocks

Bottom Line

nadowii1020 — 2014-04-28 05:36:20 UTC

Steven Madden makes its profits by designing, producing and distributing products through its retail stores, its website, and department stores. It also profits from its licensing agreements. The company's wholesale customers consist of department stores and specialty stores, including independent boutiques. Approximately 69% of wholesale revenue is generated from department and specialty stores, including Macy’s, DSW, Nordstrom, Famous Footwear, Dillard’s and Lord & Taylor as well as mid−tier department stores and catalog retailers, including Victoria’s Secret. So the products are all over and they rack in money

Conclusion

nadowii1020 — 2014-04-28 05:54:51 UTC

The over all Stock Market Game Experience was interesting. Trading, finding and buying stocks where difficult. Our stocks Always fluctuated up and down, that is except SHOO that stock was quite constant. we where never sure whether to sell because our stock changed too much but some decisions had to be made. My team and I felt the stock Market Game was difficult bu at the same time a good experience and it got us to realize that the Stock market is not as easy as we though it was.

mm

773311 — 2016-03-14 16:55:15 UTC