The original Sharpe Income post can be found here.
The Sharpe Income category be found by clicking on that red ‘Sharpe Income’ tag next to this post title, or by clicking here.
We continue the discussion from the last entry.
As you know, I have been stalking Union Pacific (UNP) as a candidate for purchase, for this project.
This morning … Union Pacific (UNP) plummeted lower in price. If she breaks $99.00, just looking at it from a technical basis … I think she’ll have a lot farther to fall.
Union Pacific (UNP) – Daily Chart (tradingview.com)
Which is fantastic.
A heard a PM at a hedge fund say something years ago, that I’ve never forgotten.
For those who do not do the proper research into a company, a drop in the stocks price is immediately viewed as a curse.
For those who do their proper research, the can view a drop in the stock’s price as a blessing.
So again … this morning Union Pacific (UNP) has seen steady selling, dropping 1.86% at the time of this writing.
I’m viewing this as a blessing.
We’ll allow our capital contributions to pile up, as we move our focus on to our capital gains strategy.
We continue the Sharpe Income project with this next entry.