should you sell penny stocks in may 2015?
TRANSCRIPT
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Hi, My name is Aaron and I‘m with Penny Stock Research, today were
reviewing our recently published article…
Should you SELL Penny Stocks in May 2015?
Why “Sell In May and Go Away” is Wrong!
I’ve started hearing the statement over and over…
As a matter of fact, watching CNBC yesterday I heard it twice… (and I only
had it on for 4 minutes!)
This is really getting out of hand. Everyone is taking simple stock market
rules of thumb and turning them into gospel.
Today’s perversion is the famous saying “Sell in May and Go Away.”
For the next 2 weeks I want you to keep your ear out. Let me know how many
times you hear this statement.
How many times do you hear it from bloggers, writers, talking heads on TV, or
from your friends. If you hear it from your broker – fire him.
Seriously.
The Sell in May storyline I a well worn one. And many times it does make sense. As a matter of fact, I believe a number of
academic studies have measured the returns of the market and proven you should sell in May and buy in October.
There’s a logic behind it too.
If you look at the vacation habits of people on Wall Street, the summer is
always a slow time of the season. As a matter of fact, as a banker, we advised
clients NOT to do deals in August.
The end of summer was trouble as all the heavy hitters took their month long
vacations to the Hamptons… or Europe!
So the idea of a summer slowdown is real… however, there’s a problem if you
start dumping stocks.
Why Selling Penny Stocks in May of 2015 is wrong.
Several studies on the Sell In May theory have been released.
In the latest issue of Money magazine they note that since 1926, stocks have
returned half from May to October. Now the studies I read had a flaw… they
looked at the markets as a whole. They didn’t focus on specific stocks.
If you own stocks that are outperforming the markets, the worst thing you can do
is blindly sell everything.
The other problem is… everyone knows about this rule of thumb… so traders and
hedge fund managers use it to their advantage.
Don’t get taken advantage of.
So, does that mean I expect the market to rally this summer?
I don’t have a clue… my crystal ball still isn’t working… and never really has.
What the market does this week, this month, or this summer is up to the
market.
I’m looking for great penny stocks to buy. That’s it. I want the
best company out there.
And I’m not going to just start blindly selling great penny stocks because the
calendar turned.
But… there is one thing I’m going to do.
How to Profit from “Sell in May and Go Away”
There is a way we can use the “Sell in May” strategy to our advantage.
You see, less experienced traders will listen to the talking heads… they will
focus on what other bloggers are spouting off. They will actually start
dumping great stocks just because the date on the calendar changed.
And that’s our opportunity…
Get your lists ready.
What stocks would you love to own at a lower price?
This is the time of year to go shopping. Keep your eye out. While I don’t expect the markets to fall apart, I wouldn’t be
surprised if we had a summer swoon at some point.
It’s a great opportunity to stock up on the unknown penny stocks that everyone
else is dumping.
There’s a possibility there will be a discount sale this summer… and I’ll tell
you, I’ll be a buyer! Just like Warren Buffett who loves to buy stocks on sale!
Tell me, if stocks go on sale, which ones are you buying?
Leave your comments on the website below this article. Let me know your two or three favorite stocks and at what price
are you a buyer?
Good trading…
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