$70 a share...sorry ,but im excited

[fxdwg]

Me, as I recall. Still part time in 1996-1999. We never got the option until it went public. Then we got the "you need to get in the stock program. It will be over $100 a share soon. "

Robert

I bought it after leaving as a PT Sup. Still doing well with UPS

 

[1989]

Me, as I recall. Still part time in 1996-1999. We never got the option until it went public. Then we got the "you need to get in the stock program. It will be over $100 a share soon. "

Robert

Part time union employees could buy through the stock program in 94 or 95. Part time sups were the the last ones allowed buy in 96 I believe.

 

[fxdwg]

I don't recall any offers to be stock holders when I was there in 98 to 00 as a Sup.
I left and bought in 2002 and haven't looked back!

 

[tranham]

Part time union employees could buy through the stock program in 94 or 95. Part time sups were the the last ones allowed buy in 96 I believe.

Very possible but they never told me. I base that on the fact that I have always taken and maxed out the employee retirement programs (thrift and 401k). I also went heavy into stock when it first was pushed after the IPO. I'm down to $25 a week now. May cut that off soon.

Robert

 

[whiskey]

I see the Dow at 6500 by September one. There is a lot of ingredients going into this soup. And none of it is good. But if your in it for the long haul, your a better man than me.

 

[fxdwg]

Don't short. The dividends are the lure. If you plan to sell within 2-4 years, wait for an upswing (Transports announcements) and then unload. Otherwise, buy, buy, buy when it is low. UPS is not emerging, but it's safe and predictable (except for the sale price in the last few years). Remember "Blue Chips"??? Look at who is left. Figure the odds.

 

[brownmonster]

Too bad all UPS employess could not have had the option to buy stock before going public. Good thing I put all I could in the thrift plan!

Robert

The max you could put in the thrift plan was $6 per week. You had to have alot of years in before it really started to build.

 

[clueless]

I see the Dow at 6500 by September one..

Whoa! Yikes. Thanks for that upbeat analysis Mr. Roubini....

Don't short. The dividends are the lure. If you plan to sell within 2-4 years, wait for an upswing (Transports announcements) and then unload. Otherwise, buy, buy, buy when it is low. UPS is not emerging, but it's safe and predictable (except for the sale price in the last few years). Remember "Blue Chips"??? Look at who is left. Figure the odds.

Would not short a company like UPS either. Solid company--as solid as any nowadays. Major player in an oligopolistic market. Non-discretionary service to a large extent--so it's not immune from hardtimes, but not as whipsawed by them either. Not exactly a Crocs here.

 

[whiskey]

It's only money. It's not like you have a bad golf swing. God forbid.

 

[1989]

Bought on April 20 with a stock price of $68.21 sold Friday with the price going out at $65.10. An ok gain of 3.3% over those 4 months, should have been 6-8% tho. Will do it again for another 10% gain by year end.

 

[Re-Raise]

Bought on April 20 with a stock price of $68.21 sold Friday with the price going out at $65.10. An ok gain of 3.3% over those 4 months, should have been 6-8% tho. Will do it again for another 10% gain by year end.

Not quite getting your math. Did you short it?

 

[1989]

Not quite getting your math. Did you short it?

No, options.....First, sold the majority of shares held in a non-performing Mellon account.

4/20/10 Sold a May $67.50 put for $164.25
5/24/10 Shares put to me at $67.50
5/24/10 Sold a June $62.50 call for $146.25
7/26/10 Sold an August $65 call for $114.25
8/13/10 Dividend payable 9/1/10 $47
8/20/10 Shares called away at $65.

$471.75 income - $250 (difference between the buy price of 6750 & sell price of 6500) = $221.75 / $6750 cost = 3.3% return.

 

[UpstateNYUPSer(Ret)]

Bought on April 20 with a stock price of $68.21 sold Friday with the price going out at $65.10. An ok gain of 3.3% over those 4 months, should have been 6-8% tho. Will do it again for another 10% gain by year end.

Did you mean to say "loss" or did you reverse the numbers?

 

[JustTired]

Did you mean to say "loss" or did you reverse the numbers?

I didn't understand either. Sounds like the math used when bonuses are handed out on Wall ST.

 

[Catatonic]

No, options.....First, sold the majority of shares held in a non-performing Mellon account.

4/20/10 Sold a May $67.50 put for $164.25
5/24/10 Shares put to me at $67.50
5/24/10 Sold a June $62.50 call for $146.25
7/26/10 Sold an August $65 call for $114.25
8/13/10 Dividend payable 9/1/10 $47
8/20/10 Shares called away at $65.

$471.75 income - $250 (difference between the buy price of 6750 & sell price of 6500) = $221.75 / $6750 cost = 3.3% return.

He was selling options ... I have an account set up like this. Right now the goal is around 10-12% ROI APR and I am getting that ... barely. It can be risky though.

 

[1989]

If you are holding an equity, why not get paid to do so.

 

[UpstateNYUPSer(Ret)]

He was selling options ... I have an account set up like this. Right now the goal is around 10-12% ROI APR and I am getting that ... barely. It can be risky though.

If you are holding an equity, why not get paid to do so.

I don't have the stomach for that.

 

[whiskey]

The storm clouds have gathered. Any port in a storm. Lycka till.

 

[1989]

Ann Livermore on the short list for HP ceo...What does that mean for UPS stock? Anything?

 

[Catatonic]

Ann Livermore on the short list for HP ceo...What does that mean for UPS stock? Anything?

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