Friday, 14 October 2016

Sixth Week Stock Analysis

This week I bought 1030 shares of Old National Bank for $13.77. The stock has now gone up to $13.89. I have made a total of $127.21. I decided to invest in this stock due to the fact that this week I learned that banks are commonly a steady investment. The money invested does not range at high rates very often. I saw that the stock had been at a low point, therefore I took the risk with the idea that it would begin to rise. Although the amount of money that I have made thus far is not a high amount, I am anticipating that early next week it will continue to rise at a steady state. In the last quarter, many investment management firms such as Legal General Group, have been boosting their shares. Therefore, I am anticipating that there is insider information not available to the public, that each of these companies has a word in.

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