I like desktop sidebar. See my tasks and meetings, rss blog roll. And my stocks. Today I watched two stocks lose over $5 per share each, and no flinch from me. I just looked, noticed that names of the companies (Shanda and Under Armour if you care), and shrugged.

Dumb.

But here’s the thing: I asked myself (as I always do when I notice these, ah, bumps) “do I, Mike, being of questionable mind and no body, still believe in these companies? Would I buy them now?” and my answer is still yes. Absolutely.

But that drop…I mean, so much money is gone!

Nah, I never had that money…it’s all paper. Shanda has a strong lineup of games in the works and a solid balance sheet…plus their market is China. The China where most of the populous is still not on the internet yet. The China with the growing economy. Under Armour is seeing better than expected results and strong demand for it’s products. Yet these stocks tank?

What do I care what most of everyone else thinks? I plan to be in these companies for at least five years…in fact, I never plan to sell. Unless of course I stop believing in the management, or the products, or their industries.

Instead, I’m trying to figure out if I can’t swing another purchase of shares.

Stupid. Just like I planned.