ESOP United
05-16-2020, 06:17 PM
#14
Gets Weekends Off
Joined APC: Jan 2018
Posts: 104
This thread proves history repeats itself.
05-16-2020, 07:34 PM
#16
Gets Weekends Off
Joined APC: Jan 2020
Posts: 215
Admittedly, I read the post thinking ESOP. In that regard, no thanks. Airline stocks are so cyclical I'd rather not buy into an ESPP. If you happen to work at an upstart tech firm, that would be another story.
05-16-2020, 10:09 PM
#17
Gets Weekends Off
Joined APC: Jul 2013
Posts: 4,785
Crandall noted that since the airline deregulation of the 1970s, some 150 airlines had gone out of business. "A lot of people came into the airline business. Most of them promptly exited, minus their money," he said..
How do you end up with a million dollars in the airline world? Start with 2 million.
05-16-2020, 11:32 PM
#18
Gets Weekends Off
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,171
I'm 6'6" tall, 260 lbs of solid muscle, and am nicknamed 'tripod'. I'm currently sexually involved with five Victoria's Secret models which put Mako's beauties to shame. And I make at least 16% every 6 months in the stock market.
I'm sure you did.
05-16-2020, 11:38 PM
#19
Line Holder
Joined APC: Apr 2020
Posts: 75
The stock went up in price for the 6mo period? You made more than 15%. CAL during the late 90’s until they ended the ESPP enjoyed a decent run.
I’m not sure why you’re so openly hostile to something that actually happened for a lot of people.
05-17-2020, 12:05 AM
#20
Gets Weekends Off
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,171
we got to purchase the stock at a 15% discount off market prices
The stock went up in price for the 6mo period? You made more than 15%. CAL during the late 90’s until they ended the ESPP enjoyed a decent run.
I’m not sure why you’re so openly hostile to something that actually happened for a lot of people.
The stock went up in price for the 6mo period? You made more than 15%. CAL during the late 90’s until they ended the ESPP enjoyed a decent run.
I’m not sure why you’re so openly hostile to something that actually happened for a lot of people.
The short of it is that management would place a value on your ESPP idea, and their value would likely be a higher value than what they'd pay us in higher wages.
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