The big event for today is a 2PM meeting with a start-up semiconductor company. I’m really hoping that they are extremely competent, or a bunch of complete idiots so I know which direction God wants me to go. I wouldn’t mind working for a successful start-up, but I’m not going to waste my time with a company that will likely fold. From what I understand, they can’t pay me to do any work this year, so they’d better be very, very good.
As I was working on my stocks today, Motley Fool announced that they intended to sell one of the stocks I owned. Since I didn’t see the email for a bunch of minutes, by the time I got to the finance screen to check the status of the stock, trading had gotten extremely heavy, and the stock was absolutely cratering (plummeting). Gee, I guess Motley Fool really pulls some weight these days. With well over a million subscribers, they should. I have suddenly begun to see their articles being published in “real” financial sources starting this year. After 15 years of trying to be successful, they seem to have arrived. This is good news for me because Motley Fool is one of two companies that I would try to emulate, should I want to start a web-based business. I like their style.
I did not sell that stock today: it had fallen too far off the recommended sell price. Typically the next day, the market will see this big sell-off as a buy opportunity. I’ll likely get my price then… and so I put a limit price on the stock.
Gee, a little later in the day, I came to realize that another stock of mine got acquired by another company. As I was doing research on it, the stock suddenly disappeared!
And since I now have 10 days to look for some non-dividend small cap winners to fund my options cash, I am turning my full attention to “stable dividend-producing stocks” for now, since I also have a bunch of money in my 401K-turned-IRA account that I can fund immediately.
Who knew I still had so many dividend stocks yet to research! I’ve researched 64 so far and I still have 47 to go!
Day 39 mood: Suddenly Goal-Oriented.