Those of yall with company stock plans (ESPP's)

[dora_da_destroyer]

How long you holding before you sell? What factors yall taking into consideration? Our stock is at a pretty good price right now, I want to sell what I purchased back in sept. Of course I want to see if it goes higher, but we're coming up on another purchase date next month and part of my RSU's vest next month so I won't be missing much if it does go higher...I'm just wary about pulling the trigger

I'm not a fan of having so much money tied up in my company (re: stock, my salary, bonus)

 

[King Poetic]

i was working for 8 years as a longshoreman at long beach pier and i never touch mines until i left last year.. i really never touch my stocks rather be doing the up or down times

 

[dora_da_destroyer]

i was working for 8 years as a longshoreman at long beach pier and i never touch mines until i left last year.. i really never touch my stocks rather be doing the up or down times

yea, having a portfolio is one thing, but having money tied up in just your company's stock is unless you're at google/apple or an OG blue chip like P&G

 

[PrnzHakeem]

Why you wanna sell after such a recent purchase? Were the shares discounted? You know those arent supposed to be for a quick flip.

And as the board's resident Comp Consultant, you know u should just PM me. SMH.

 

[dora_da_destroyer]

Why you wanna sell after such a recent purchase? Were the shares discounted? You know those arent supposed to be for a quick flip.

And as the board's resident Comp Consultant, you know u should just PM me. SMH.

lol, yea, shares were discounted, i want to share because our stock is up, like in an inflated way. we just announced a big business model shift, and i think the inflated price is a false positive market reaction before reality hits. i don't really believe in the new business model in the long term so....i'm also renovating a house and want the money lol

edit: and most the advice i've googled all seems to promote selling ASAP for a variety of reasons

 

[PrnzHakeem]

lol, yea, shares were discounted, i want to share because our stock is up, like in an inflated way. we just announced a big business model shift, and i think the inflated price is a false positive market reaction before reality hits. i don't really believe in the new business model in the long term so....i'm also renovating a house and want the money lol

edit: and most the advice i've googled all seems to promote selling ASAP for a variety of reasons

shyt, well sell away if you can. I assume the holding period has passed and you are able to dump them. Even if you're not turning a huge profit, you can still use the cash.

You already got RSUs that you're tied due to the vesting schedule. (3 yr? 4 yr? vest)

Has it really been a year since you dipped?

 

[dora_da_destroyer]

shyt, well sell away if you can. I assume the holding period has passed and you are able to dump them. Even if you're not turning a huge profit, you can still use the cash.

You already got RSUs that you're tied due to the vesting schedule. (3 yr? 4 yr? vest)

Has it really been a year since you dipped?

shyt, a year and a half my brother, times flies. Where are you? Still in Michigan or did you move to Chicago? How much longer is she there?

 

[PrnzHakeem]

shyt, a year and a half my brother, times flies. Where are you? Still in Michigan or did you move to Chicago? How much longer is she there?

i hit ya PM instead

 

[BaldingSoHard]

Do you get dividends?
Are you planning on being there for a while?
If so, then hang onto it.

 

[FreeRZA]

How long you holding before you sell? What factors yall taking into consideration? Our stock is at a pretty good price right now, I want to sell what I purchased back in sept. Of course I want to see if it goes higher, but we're coming up on another purchase date next month and part of my RSU's vest next month so I won't be missing much if it does go higher...I'm just wary about pulling the trigger

I'm not a fan of having so much money tied up in my company (re: stock, my salary, bonus)

You pay short term capital gains tax if you sell them within a year. I think its about 40%. Anything after a year and they get taxed at a smaller rate. I think its about 25%. Maybe be a little off on the numbers.

 

[dora_da_destroyer]

Do you get dividends?
Are you planning on being there for a while?
If so, then hang onto it.

got to look into the dividends piece, good point

and i've been here a year, goal is to make it to 2 lol

You pay short term capital gains tax if you sell them within a year. I think its about 40%. Anything after a year and they get taxed at a smaller rate. I think its about 25%. Maybe be a little off on the numbers.

yea, forgot abt the short term capital gain tax, but the gain isn't that much so it's kinda a wash.