Current mood:	pessimistic
Current music:	Paula Abdul - "Rush Rush"

Workbrain Up $5 - Thousands Become Filthy Rich!

Popular belief is that I'm not very good when it comes to picking stocks. And as we read a few months ago, popular belief is pretty much correct.

This is why you should immediately drop whatever you're doing (or not doing - I mean, how busy can you be if you're reading LiveJournal?) and sprint, not mosey, to the nearest Internet connection/phone and buy as much of Workbrain (WB) as you can afford. Sell the kids if you have to - when the stock price doubles in a few weeks you can always buy them back (along with an extra little brother!)

Today, a mere four months after I originally purchased them, I sold my thousand shares of Workbrain (cost: $13,400) for a meager $250 profit. Others may proclaim the value of technical or fundamental indicators in determining when to purchase a stock, but my experience has clearly shown that my selling a security is the best indicator you can find. I sold my Telus shares last year and they immediately doubled. I sold Canadian resource stocks about two to three years ago just as they began an incredible boom where values are (still) tripling (at least). I'm so ahead of the curve when it comes to investing that I leave the party before it begins.

I'm not so good with the stocks.

On the plus side, a friend of mine can now stop lazing around the office and actually earning his inflated salary. You see, he works for Workbrain. As someone who owned 1/17000th of his company, he was technically my employee. And I think he was slacking off. How else do you explain a stock that bounced between $14 and $15 suddenly plummeting to $11.25 a few weeks after I buy in at a seemingly reasonable $13.40? Sure, he says he's confident in the company and not exercising his options because he thinks the stock is under-valued. But I think he was just suckering me in because I made out with his girlfriend in front of him a few years ago (in my defence, she was one of four fantastic ladies I made out with that night, so one can hardly blame me for malicious intent).

But I digress. The important point to take away from this is that I made out with two of those ladies at the same time. And then all the ladies started making out with each other. Wait, that's not it. Wasn't I talking about money or something?

Oh yes, Workbrain. The important thing to take away from this is that you should immediately buy as much Workbrain as you can, just so I can kick myself. As I'm purchasing a house in a few months I need to begin liquidating most of my positions thus I couldn't afford to wait to see if the stock would recover to previous highs. It was a bit too stressful to watch the price plummet a dollar and then give me hope by giving back 75 cents before crushing me with another dollar drop. I'm not a young man anymore, my heart (and mortgage) couldn't take the strain!

If you'd like to invest in the "Whatever You Do, Do The Opposite Of Vienneau" mutual fund, currently returning somewhere around 20-50% a year, here's your chance. Just be sure to think of me when you're living the high life off my mistakes and I'll be sure to keep making them.

Dammit.

EDIT: This morning I check and OMG the price has fallen to $12.61! I've just avoided a $1000 loss! But sure enough, by 11:20am people apparently started to read my entry and the price was a dime higher than where I sold it. Dammit.