If you haven’t followed this story, probably best not to start.
My 13yr old had a stock market challenge start at school at the end of February.
He initially started with the following stocks:
$SHLD, $TWTR, $DEPO, $CMCM, $MEET, $ADXS, $WTW, $LL, $PI and $TAHO.
He’s knocked down some pretty big moves in most of these stocks. He sold his shares of $WTW at $19.60 and $MEET at $5.80 a few weeks ago. He text me this morning about his account:
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Dad, you said I should sell which stocks today?
Dad: $CMCM at $13 and $LL over $19. Sell that $ADXS too.
Junior: My teacher tells me I should buy something else since I have money available.
Dad: Tell your teacher to stop giving you advice.
Dad: Buy more $PI, $TAHO, $SHLD, and buy a lot of $SNAP.
Junior: How much?
Dad: All of it.
Junior: Got it.