November 4, 2009

The Top Ten Reasons You Sold Stocks on March 9, 2009

Howard Lindzon, Howard Lindzon

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It’s a busllshit headline and I won’t really list top 10 reasons. They are a weak tool. David Letterman owns it and they should only be allowed for comedy and sarcasm. WorldWide Pants should sue every blogger using my headline.

But I digress…

I was checking out some price charts tonight after seeing that Black and Decker $bdk was purchased by Stanley Works $swk for a large premium. Black and ‘Freaking’ Decker was $70 in October 2008 and under $20 by march 2009. It will be near $60 on the open tomorrow. That’s a big swing for a bazillion dollar, boring tool company that has a brand name that EVERY American knows. That’s just one of a thousand stories.

I can live with (not forget) this type of miss, because I did not...

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TAGGED: Howard Lindzon, stocks

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