New Stock Watch Challenge (LLY)

​Eli Lilly & Co. (ticker: LLY) is a prominent pharmaceutical company known for its innovative treatments in diabetes, oncology, and neuroscience.​

Lilly(Eli) & Co (LLY)

I picked this stock because it’s a pharmaceutical company, and everybody needs prescriptions regardless of the economy. This stock is right now 04/07/24, nearly at its year low. They manufacture a lot of drugs for diabetes and obesity. Those two things alone will always need to be dealt with. let’s buy 100 shares with fake money, and see what happens. Please do NOT attempt this in real life; you could risk losing everything..

We pretended to buy 100 shares.

$738.21 04/05/25 $7,380.00 to start.

$723.73 04/07/25 -44.48 $7,237.00 – loss of $445.00 it’s ok it’s early.

NEWS – turns out the Trump administration is not approving Biden’s plan to include weight loss coverage, that news is dropping the stock.

$726.24 04/08/25 +2.51 $7,262.40 – still down $117.60 a little better overall.

$732.41 04/11/25 – 5.80 $7,324.10 – down $58.00 from starting 04/05/25.

$757.18 04/15/25 + 18.97 from starting $7,571.80 + $1,897.00 from starting 04/05/25.

We bought the stock when it was very low after a hit from news that the Trump administration didn’t want to cover weight loss for folks. “Let ’em eat rice.”

$839.96 04/18/25 +$101.75 from starting $10,107.50 + $2,727.50 from the $7,380.00 starting 04/05/25.

We’re up $2,727.50, that’s 36.95 % Return on investment.

This is not a Hollywood movie where it’s a failure if you don’t recoup your investment by 2.5 or 3 times the budget.

Here are examples of Average ANNUAL returns on investments.

We blew that out of the water with a 36.95% ROI (return on investment) in two weeks!

I’m selling NOW. We’re walking away with $2,727.50.

Here are the results of my Stock Market Challenges:

05/08/24 Stock SIX (Six Flags Entertainment) 8.54% ROI in 24 days. $426.00 take home.

04/05/25 Stock LLY (Eli Lilly pharmaceutical) 36.95% ROI in 15 days. $2,727.50 take home.

I’ve always had a “system”, and in two tries it worked.

If we pretend to make money, we must pretend to pay taxes. These are considered “Short term investments” and you should pretend wiitholding about the same percentage of whatever your income tax percentage is.