Java News from Thursday, November 15, 2007

Yesterday I got briefly excited when I saw that Sun's stock price had jumped above $20. For the first time in quite a few years, my Sun stock was in the black, and I did some quick research to figure out what had caused the bump, and whether I should get out while I could. Unfortunately it turned out they had just reverse split the stock 1-4, so my shares were still worth about half what I paid for them. The higher stock price may allow a few more institutional investors to participate, and drive a small bump in the price. Then again, it may just prop up a temporarily higher cliff for the stock to dive off of. I should probably just dump the shares now, and be done with it.