THE VINCNET MASSEY STOCK EXCHANGE GAME (THE GSE) WORKSHOP 2.
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Transcript of THE VINCNET MASSEY STOCK EXCHANGE GAME (THE GSE) WORKSHOP 2.
THE VINCNET MASSEY STOCK EXCHANGE GAME
(THE GSE)
WORKSHOP 2
THE SECTORSENERGY
PRODUCTION
RECREATION
RESOURCES
TRANSPORTATION/
COMMUNICATION
IMPORTANT TIP OF THE DAY…know your stocks!
Eg. AG
What company?
(Alberta Gas)
What sector?
(Energy)
What’s it do?
(Exploration, sales)
PRINCIPLES OF INVESTING IN THE STOCK MARKET
Buy low, sell high Diversification Risk tolerance Patience
CONDITIONS FOR BUYING STOCKS!!!
Price of stock is cheap
Commodity prices rising
Economy is strengthening
Company is expanding & growing
Good news announced!!
CONDITIONS FOR SELLING STOCKS
Price of stock is high Commodity prices
falling Economy slowing Company unable to
sustain growth Bad news
announced!!0102030405060708090
1stQtr
2ndQtr
3rdQtr
4thQtr
EastWestNorth
HEADLINES WHICH AFFECT STOCK PRICES
…why do headlines affect stock prices ?
….because they can incite people into selling or buying a stock!!
…Extra extra
RUSSIAN WHEAT CROPS FAIL IN 2002…….
Manitoba Wheat Corp. stock goes up (worldwide shortage means more $$)
CN Rail stock goes up (transport of Manitoba/Sask grain across Canada)
Stalingrad Shipping Lines stock down (Russian shipper loses business)
Major strike “rocks” mining industry last night...
Sudbury Sludge Corp. stock tumbles (no one working, no production)
Rockman Intl stock nosedives (no production)
Caterpillar Heavy Machinery down (no one working, no one buying machinery)
Enviro-Happy Limited (stock climbs as they’re hired to clean up mines)
France and British Columbia sign new pulp, paper contract
BC Paper LLP stock climbs (more production)
Nova Transport stock up (transport raw material)
Fred’s Helicopter stock up(removal of trees from isolated areas)
Enviro-Happy stock plummets (less work, less forest)
Aboriginal Forest Products stock dives (less trees to make crafts from)
Graphing
Your brokerage team is responsible for maintaining graphs representing each round of trading
Your handbook contains examples of “Cash Flow”, “Graphing 5 Stocks”, “Sector Analysis”, “Bar Graph of Averages”, “Prices, Statistics Page”, and a “Trading Journal”.
You will receive new copies on Game Day.
HAPPY TRADING!!!!
BONNE CHANCE!!!!