I worked for the company, had a lot of stock options, and bought stock as part of the company plan. I was a millionaire on paper for awhile, and greatly believed in the company. I was involved with strategic customers, and sales, and could not believe the company would go bankrupt. I did not sell my options when I should have, and lost everything. What I learned is sales don't necessarily make the company. What I learned from fool.com is the discipline to look at the fundamentals. If I had used that discipline with Exodus I would have seen large amounts of long term debt, and no cash reserves to survive a downturn.I will say I'm very grateful for the lessons learned. It also prompted me to change my focus from trying to get rich, to working on being happy. I took a closer look at my health, and work, and found a company that supported good health in their employees. I ran marathons, and now I enjoy triathlons, at 53. I believe that is worth more than what I would have got from my Exodus stock options.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra