Archive for April 3rd, 2008

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