HipMojo.com http://watchmojo.com/web/blog Covering Online Video, Web, Search, Investing, Technology, Strategy, Investing, M&A, Financing, VCs Tue, 24 Nov 2009 01:14:49 +0000 http://wordpress.org/?v=2.1.3 en Sell in May, Go Away. http://watchmojo.com/web/blog/index.php/2008/06/28/sell-in-may-go-away/ http://watchmojo.com/web/blog/index.php/2008/06/28/sell-in-may-go-away/#comments Sat, 28 Jun 2008 20:38:54 +0000 Ashkan Karbasfrooshan FinancingLegal MattersManagement http://watchmojo.com/web/blog/index.php/2008/06/28/sell-in-may-go-away/ There’s an expression in investing that says “sell in May, go away”.  Well, ever since I got into trading regularly (2003), I wanted to do just that… but every year, May came and went I stayed in the market.

This year, seeing Yahoo!’s crazy handling of the MSFT offer, I decided to sell everything and leave the market: I got tired of seeing douchebag executives trample over shareholders’ rights.

I’m glad I did: U.S. Stocks Tumble, Sending Dow to Worst June Since Depression.

Good timing.

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