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LogicaL Chaos
Ascension Energy & Alien UFOs




Registered: 05/12/07
Posts: 69,701
Loc: The Inexpressible...
Last seen: 30 minutes, 50 seconds
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Seasonal Stock Market.
#23384941 - 06/26/16 06:09 PM (7 years, 8 months ago) |
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Soon, i wanna get into buying and selling stocks.
I was wondering if this could work:
Basically, i wanna do this: buy stocks from a company in their "off season". For example, buy Hersey stock in the summer.
Then sell the stock during its peak season, so for Herseys it would be Easter and Christmas.
Would that make any profit?
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Morel Guy
Stranger


Registered: 01/23/13
Posts: 15,577
Last seen: 4 years, 2 months
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Not a lot of money unless you buy a lot and that large purchase affects price. I hear there is a cheese surplus. I had a landlord that invested in airlines stocks after 9/11 and made a bundle. He had millions to play with. He also died from a stroke and ate ramen for lunch daily. He drove a mismatched old truck that was junk and had run down buildings.
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LogicaL Chaos
Ascension Energy & Alien UFOs




Registered: 05/12/07
Posts: 69,701
Loc: The Inexpressible...
Last seen: 30 minutes, 50 seconds
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Re: Seasonal Stock Market. [Re: Morel Guy]
#23385251 - 06/26/16 07:25 PM (7 years, 8 months ago) |
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I heard of these people.
They save all their money and live like a bum.
Pretty smart savers if u ask me, would be hard for me to do 
Stocks for airlines went up After 9/11? How strange...
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Mojo
Stranger

Registered: 07/12/07
Posts: 1,677
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No, they went down. And that's why he bought.
You might want to research cyclical stock investing, as that is close to what your original post is hinting at.
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LogicaL Chaos
Ascension Energy & Alien UFOs




Registered: 05/12/07
Posts: 69,701
Loc: The Inexpressible...
Last seen: 30 minutes, 50 seconds
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Re: Seasonal Stock Market. [Re: Mojo]
#23385314 - 06/26/16 07:38 PM (7 years, 8 months ago) |
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Oh yah, duh. I should have know that.
I will check out that cyclical stocks, sounds cool.
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demiu5
humans, lol


Registered: 08/18/05
Posts: 43,948
Loc: the popcorn stadium
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i'm guessing you meant Hershey, not Hersey
why do you think they are a seasonal company? do you know how many products they oversee?
https://en.wikipedia.org/wiki/The_Hershey_Company#Other_sales_and_acquisitions
if you are thinking seasonal, you should look into agricultural futures
-------------------- channel your inner Larry David
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Morel Guy
Stranger


Registered: 01/23/13
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Re: Seasonal Stock Market. [Re: demiu5] 1
#23403317 - 07/02/16 07:37 AM (7 years, 7 months ago) |
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Markets are sensitive to many things, overly sensitive. With 9/11 people thought that airlines would fail big time. The landlord didn't believe that and bought stocks cheaply and sold much higher. Made like a million bucks!
Lot's of people lose money in stocks. Too many variables and lack of experience. Takes money to make money. Read, research and read some more.
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