Posted by RohailR | Posted in Everyday | Posted on 05-05-2006
4
Just two more final exams to go and then I’m on summer break for a good three months 
I just wanted to point out a link I came across today. Yahoo! has a few pieces startups as well as bootstrapping your business. It’s located right here: http://biz.yahoo.com/special/smallbiz06.html
An update on my stocks: I was unfortunate in the beginning as to have bought in at competely the wrong time. I was waiting for a pullback on the stocks that I was watching, but they kept going up every single day. So in an attempt to buy before the price got too high, I got in right before my stocks began to go down. They’ve been down for a good two weeks now. However, they’re starting to show signs of coming back especially right before earnings. One of the reasons for this bad timing incident is that I’ve learned institutions try to put out bad news before earnings so as to make the stocks dip right before earnings so they can get in cheap and make a huge profit. Nevertheless, I still believe I got in at the prices I felt were good and so there is still a lot of room for price growth IMHO. One thing to mention is that the stocks I own are extremely volatile as all of them are small-cap, but this is where I feel I can make the most gains with enough research and safety analysis. In the long-run, I believe these stocks will be flying high.
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Posted by RohailR | Posted in Everyday | Posted on 01-05-2006
1
Being a student these days can be really hard on your pocket. Recent state budget cuts may cause tuition at Rutgers to go up $5000 next year. We already have the 5th most expensive public university tuition on top of that. Hopefully the recent rallying in Trenton and the petition will help lower that amount, but it’s pretty much inevitable that tuition is going to rise. Add to that the fact that federal loans will be going up to around 6.8% fixed from 4.75% variable come June. Anyone else feeling the heat?
Also, I’m thinking about quitting my new summer job as I’m debating whether or not to work on my ventures full time. Not only that, but the job also sucks. I might be getting my own office next week with a computer and all. Neverthless, office work is not in my favor. I’d rather do something more challenging that gives me a sense of self-worth, not stapling 7000 pieces of paper. We’ll see how that goes. I’m giving it one more week.
Further, I’ve just started the process of working on a new project. I’m working with Ryan Glasgow, President of www.pixeltorch.com. I’ll keep you posted on that. In addition, earnings reports are on the way so look out for an update on my stocks and how they are doing. Drew Industries reports tomorrow at 11:00am.
That’s it for now. Feel free to leave comments as it’s always a pleasure reading them.
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