Warning

 

Close

Confirm Action

Are you sure you wish to do this?

Confirm Cancel
Member Login
Site Notices
Posted: 1/26/2006 3:09:48 PM EDT
I had some stock options where I work that I've been holding for 6 years while our stock hovered around $4-15. About 6 months ago, our stock went to the low $20's and I sold it all. Guess what our stock is at today? FOOKING $41 !!!! I would have made an extra $220,000 if I would have waited. I could have had so much fun with that $220,000 it's not even funny!!!
Link Posted: 1/26/2006 3:13:17 PM EDT
Bah. I sold some stock when it went from 3 to 6.

A few months later it was over 40.

Link Posted: 1/26/2006 3:13:50 PM EDT
Unless you can devote a lot of time to the market...like it is your job, most people don't do well on short term investments...

You still made money, what are you bitching about? Greedy bastard.
Link Posted: 1/26/2006 3:16:06 PM EDT
You made a quarter of a million....And your bitching??
Link Posted: 1/26/2006 3:16:19 PM EDT
I had some stock options when I worked for a company once, then WorldCom went to shit and I got laid-off.
Link Posted: 1/26/2006 3:17:52 PM EDT
Buy into that stock again, before it hits $80!
Link Posted: 1/26/2006 3:19:21 PM EDT
at least you got something.. I lost about 100,000 on UAL
(and I couldn't sell or do anything to save myself.)
Link Posted: 1/26/2006 3:22:44 PM EDT
What was that stock again
Link Posted: 1/26/2006 3:22:47 PM EDT
Can you say ENRON?
Link Posted: 1/26/2006 3:30:51 PM EDT
Better to get out 1 year too early, than 1 minute too late.
Link Posted: 1/26/2006 3:52:48 PM EDT
I remember this one time in Reno...
Link Posted: 1/26/2006 3:56:30 PM EDT

Originally Posted By thedoctors308:
Better to get out 1 year too early, than 1 minute too late.




Very true!!

But.....let me put this into perceptive. I could have bought 11,000 lap dances with that $220,000.
Link Posted: 1/26/2006 4:10:06 PM EDT
I could have bought $5000 worth of Microsoft stock in 1989.
I bought a motorcycle instead.
Link Posted: 1/26/2006 4:12:55 PM EDT
I held onto my stock in the same company you had the options in. In fact, because I know the CEO, he offered to double my shares for 50 cents on the dollar about 5 months ago. I'm sitting fat down south now after selling it all yesterday.







j/k. I have no clue who you even work for.
Link Posted: 1/26/2006 4:13:46 PM EDT
There is still hope. Fly to Vegas and put it all on red.
Link Posted: 1/26/2006 4:14:18 PM EDT

Originally Posted By Specop_007:
You made a quarter of a million....And your bitching??



Yeah, really!

I'd give my left nut to suddenly have 1/10 of that!
Link Posted: 1/26/2006 4:15:26 PM EDT

Originally Posted By TacticalStrat:
I had some stock options where I work that I've been holding for 6 years while our stock hovered around $4-15. About 6 months ago, our stock went to the low $20's and I sold it all. Guess what our stock is at today? FOOKING $41 !!!! I would have made an extra $220,000 if I would have waited. I could have had so much fun with that $220,000 it's not even funny!!!


Imagine the taxes you would have had to pay.

Only good thing about the situation.
Link Posted: 1/26/2006 4:15:31 PM EDT
You're kicking yourself?

Shit man, I had Worldcom stock.
Link Posted: 1/26/2006 4:25:33 PM EDT
yep...1/4 mil in worldcom employee options= $0 today
Link Posted: 1/26/2006 4:38:28 PM EDT
I had a friend that worked at IBM. When IBM stock tanked in the mid 80s he spent all his savings on it. needless to say he is quite well off today
Link Posted: 1/26/2006 5:06:03 PM EDT

Originally Posted By Silesius:
There is still hope. Fly to Vegas and put it all on red.



Fuck yeah... Big money on RED!

~Dg84
Link Posted: 1/26/2006 5:07:45 PM EDT

Originally Posted By Specop_007:
You made a quarter of a million....And your bitching??





Ummmmmmm....not sure where you got that I made $250,000??


Here's how stock options work. As an example, let's say the company gave me 10,000 options at $14. The reason it's at $14 is because that's what the stock is at the day they gave it to me. Let's say I wait 6 years and the stock is at $20 and I sell my 10,000 $14 options. I only make $6 a share or $60,000 (the company gets the $14 per share back when I sell). If the stock goes to $40 and I sold my $14 options, I make $26 a share or $260,000.

Top Top