Paul Meyer Buys Houses

Got sold out of my SWN SEP 40 Calls +25% – is there a point to continue blogging?

Well I got sold out of my SWN 2008 SEP 40 Calls at my GTC order @ $8.10 bought @ $6.10
It was a good thing since we are likely not to have internet access on the boat due to AC down so we have to keep all the machines off. Boy is it hot at work…..right now inside the ship its like 85-90 degrees with major humidity. I try to go outside as often as I can to get fresh air. Hopefully this will only last a week at work. This reminds me of my camp counselor days working the summer in hot hot humid wooden cabins with bitching campers. I sure would not do that again and the pay absolutely sucked. Definitely an experience, but no need to do it again.

I’m starting to get sick of blogging. I still have not picked up a huge following like I thought I would have. I suppose my financial investing for most people reading is considered too risky or too not the typical american turtle style investing with small amounts slowly over time with the idea to retire at 50-60 something. My idea is to retire at 20-30 something. Why not? Should I even keep blogging? At first I was doing this to log important market events to help me remember what moves stocks, but I’m unable to keep up with it. It’s become more of a chore then fun.

I definitely can say the market recovered after slamming down in January 08′ and that Cisco positive earnings should likely keep the market moving up. At least this is my opinion.

Still in V May 85 Calls currently up around 17% even with the rest of the market falling. I’m sure all the stocks will rebound back up again making Visa actually move harder since it is resisting coming down right now.

My SWN order completed: 5/7/2008 12:50:04 PM (ET):
Symbol: .SWNIH
Description: SWN SEP 40 Call
Stock: SWN at 44.93
Action: Sold To Close
Quantity: 2 contract(s)
Price: $8.10
Commission: $14.95
Reg Fees: $0.01
Net Amt: $1,605.04

Paid $1200 + $400 profit.
ROI +25%

7 responses

  1. I think you should keep up the blogging, I like to read it. I know how it can get tedious, but just revisit it every so often. It is a good exercize..

    I feel like i’m learning a little bit about your technique.

    May 9, 2008 at 1:28 am

  2. Mr. Entrepreneur

    I think you should keep blogging. I visit your website daily. I admire your goals. I’m a 24 year old entrepreneur who plans to start his own company (online venture) in the next few months, with plans to go IPO should the company do well. I have dreams of financial freedom just like yourself. Don’t give up, you will succeed. Big risks =’s big gains!

    May 10, 2008 at 5:11 pm

  3. Thansk for your heart warming comments. tear*
    hey Mr. Entrepreneur tell me more about your business idea I’m keeping my options open.

    My technique is mostly bad SleepyOrea. Be very careful! Hopefully you are watching your stocks unlike myself working while the market is running.

    May 12, 2008 at 9:14 am

  4. Mr. Entrepreneur

    @ the finance ninja,

    Shoot me an email.

    May 13, 2008 at 11:57 pm

  5. Mr. Entrepreneur

    @ FinanceNinja,

    I’m building a social, online marketplace, that connects buyers and sellers, allowing them to buy/sell their items on a marketplace where all users are verified. You could think of it as a eBay competitor, but much better. The website will offer very competitive fees, with advanced security features that protect both buyers and sellers from fraud.

    I’m also seeking investors. Shoot me an email if you want more details.

    May 16, 2008 at 3:28 pm

  6. mr. entrepreneur. email me back sometime. i work with many coders if you need a group to build any applications and give technical support cheap.

    May 19, 2008 at 7:15 am

  7. Mr. Entrepreneur

    What’s your email address?

    May 19, 2008 at 4:01 pm

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