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.
This morning, Merkle released their quarterly Direct Marketing Report, ahead of Google’s own Q2 earnings announcement and it makes for a bumper stat-filled read.