HSBC holdings PLC, is currently around its year high at
46.82. I think this is a good short 1-month stock purchase. I am buying the
stock September 25th, and I plan on selling it at the end of
October.
About HSBC: HSBC is a personal banking company, with over 50
million customers worldwide. HSBC is typically very profitable around this time
of year, with many students using their site to transfer income while studying
abroad. However, HSBC is hosing a huge upcoming event in their stadium, located
in Rio de Janeiro.
The Sports Spin: Brazil is known for their love and
knowledge of mixed martial arts. On October 13th, it hosts a huge
card for UFC 153. In my opinion, Brazil’s two favorite fighters, Antonio
Rodrigo Nogueira and Anderson Silva are fighting on the card, meaning this will
be a very profitable event for the UFC in Brazil. Millions all over the world
will tune in to see if Anderson Silva will continue his winning streak against
American Stephan Bonnar, or see fan favorite Big Nog fight in possible his last
fight against always exciting Dave Herman. There will also be Brazilian Glover
Teixeira, who will try and win his 5th fight in a row in 1 round,
Jon Finch, #5 Welterweight in the world (according to sherdog), and last but
not least Phil Davis, number 6 ranked light heavyweight fighter in the world
(according to sherdog) will also be in action. This is a stacked card, and
millions around the world should be purchasing this. There could easily be
1,000,000 purchases, and I know if I spend 55 bucks on UFC, I don’t plan on
changing the channel the entire night. That means I will be seeing tons of ads
and sponsorships from HSBC banking. Even if it only attracts 10,000 more
people, that should still be enough to warrant a raise in the stocks price. I
think this is a solid buy, the company won’t double in value in one-months time,
but it should rise a few bucks.
Bought September 25, 2012 for $46.82.
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