Into Thin Air

Recent news articles have mentioned that recent stock prices have been volatile. Or you’ll hear about the stock market’s being volatile. I always understood that to mean that the prices changed rapidly.

One example of that is Virgin Mobile (ticker symbol VM). I bought that stock upon a recommendation from a previously reliable person. I bought at $5.something on 3/27/08 and the stock is now at $2.13 (4/3/08) . Now that I have owned VM, I recall hearing my high school chemistry teacher tell me that volatile means “evaporates readily.” And that is a fitting description of my VM stock.

“Yet you do not know what your life will be like tomorrow. You are just a vapor that appears for a little while and then vanishes away.”
– James 4:14

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This little article thingy was written by Some Guy sometime around 9:08 pm and has been carefully placed in the Finance category.

2 Responses to “Into Thin Air”

  1. Burrill Says:

    I think it was the Virgle enterprise that caused the stock price to drop.

    http://www.google.com/virgle/index.html

  2. Erin Says:

    Previously reliable if you are saving for retirement! Hey, it’s at $2.20, get ready to make your money back.

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