Among old Wall Street sayings, “Sell in May and go away” holds special attraction. A strategy for a worry-free summer, a way to reduce risk amid seasonal doldrums, a vacation from busyness.
Ahhhhhh …
For investor relations, alas, “go away” doesn’t completely apply. There is, of course, second-quarter reporting. A few meetings. Always the potential crisis. Maybe a slow August. But while some investors disappear, many are still cranking away at their models, trades or questions.
So settle in, makes plans to enjoy some time away, and prepare for what could be an interesting summer. And right now, have a great holiday weekend!
Tags: Earnings, Institutional investors, Investor relations, Wall Street