Should I keep My Yahoo Stock? When Terry Semel Sells $4 Million

Apparently former Yahoo CEO Terry Semel needs money or thinks the company stock will fall lower. He exercised options on over 180,000 shares Monday and Tuesday and walked off with a cool $4 million dollars.

Well minus the cost of the option.

UPDATE: I have a thousand shares so maybe I am biased.

About the author

Frank Watson has been involved with the Web since it started. For the past five years, he headed SEM for FXCM -- at one time one of the top 25 spenders with AdWords. He has worked with most of the major analytics companies and pioneered the ability to tie online marketing with offline conversion.

He has now started his own marketing agency, Kangamurra Media. This new venture will keep him busy when he is not editing the Search Engine Watch forums, blogging at a number of authoritative sites, and developing some interesting online community sites.

He was one of the first 100 AdWords Professionals, a Yahoo and Overture Ambassador, and a member or mod of many of the industry forums. He is also on the Click Quality Council and has worked hard to diminish click fraud.