Spring Break Blog

BETSAIDA REYES D-BAND

STOCK 1:I chose not to buy a stock from the Sprint Nextel Corp. due to the fact that it is decreasing and seems to be doing horrible. According to msn money, its previous close was 4.29 and its current open is4.20 clearly showing the fact that it went down. Aside from that, the graph indicates that there is more of a decrease than anything else and its increase is not much of a difference than its decrease. According to a video on msn money, it states that sprint posted their $1.6B loss. The company is doing horrible right now and as a customer of sprint myself, i can say that their plans are nothing compared to their other competitors such as tmobile, etc. Buying a stock from sprint will result in us loosing a lot of money so therefore that would not be a smart choice.

STOCK 2: The stock in charge of T-Mobile, Deutsche Telekom ADR (DT) seems like a successful stock and i will buy it. First off, according to msn money, its previous close was 12.43 and its recent opening was 12.47 cleary showing that there was an increase. The graph on the website indicates that lately there has been a major boost in the stock. There has been a 2.70% income growth so the company seems to be doing very well which is an advantage for our team because we can gain a lot of money. This stock seems risky but then again all stocks are risky the point is to stay well researched and out of luck either loose a lot of get a lot. By the looks of DT, we will be making money.

- The methods that our group came up with to make such decisions is that we discuss the stock and its advantages and then look at the disadvantages. If the argument seems to make sense and shows that we will prosper, we agree to buy the stock. It is all about team work and working together to pursuade one another.

[BETSAIDA REYES]