oldupsman
Well-Known Member
I believe you are correct.
Tom Rogers thinks you’re overpaid and don’t need to strike
- Thread starter Zowert
- Start date
I don’t know the answer. I just remember making a boatload when we went public.
Still wish we had the option to go back and be in that plan. Five bucks a week
Commercial Inside Release
Well-Known Member
Splitting the stock after the dust settles could be a good move by the company. Especially, if the Teamsters make concessions, and the company gets it way. Wall Street loves blood on the company floor. Publicly abusing your employees gets your stock some love from investors... And, that fits with Carol's style and "Better not Bigger" trajectory.
But, the days of UPS doubling stock price overnight are over... Unless something crazy happens. Like shedding the Teamsters, selling out to Amazon, merging with a competitor, etc.
But, the days of UPS doubling stock price overnight are over... Unless something crazy happens. Like shedding the Teamsters, selling out to Amazon, merging with a competitor, etc.
Commercial Inside Release
Well-Known Member
The post strike buy, though, might be a more reliable way to make a little money, than trying puts right now. There's some heavyweight screwing with the prices going on right now.
Just A UPS Guy
Bully.
These elite
s are just toying with us. All the signs point to a deal by the 1st.
Trash Panda
Well-Known Member
Please share the magic 8 ball prediction. Without using the mojo crystals
Commercial Inside Release
Well-Known Member
Prediction!
The price will go up, after the strike, or the agreement.
Ta-dah!
The price will go up, after the strike, or the agreement.
Ta-dah!
DELACROIX
In the Spirit of Honore' Daumier
…or if a Chinese bio lab gets clumsy again…
Underground
Member
Nope, hourlies could buy before the split.
DELACROIX
In the Spirit of Honore' Daumier
I had money in the Thrift Plan and when that was done away with I bought some stock and put the rest in an IRA. I was hourly my whole career so it was sold to us right before it went public. It went from $25 a share to $50, I still have those 144 shares that are worth $26,578 right now.
DELACROIX
In the Spirit of Honore' Daumier
@scratch .. do you remember the year we had to exit the Thrift Plan, I believe it was in 1995..?
UPS stock went public in “99”, a question was asked about when we Union folk were permitted to purchase UPS stock before that? I know we had access to it when the Thrift Plan was terminated and did the stock split before it went public or after?
The question is out there for the old timers also..
Staydryitsraining
Well-Known Member
Clown=
?
TSB
Yeah, I'm a road hog
The last time I saw anything lean that far to the left was when I watched The Poseidon Adventure.I hate this Newsweek guy.
Biden Must Stand Up to the Teamsters, Prevent a Strike—and Save His Economy
At this precarious moment, the Teamsters have decided to push for pay increases. The demands are too aggressive, and Biden needs to step in and make that clear.www.newsweek.com
I'm not sure of the exact year.
Zowert
Well-Known Member
Sean O’Brien also wrote an article in Newsweek, published on the same day as the Rogers crap.
www.newsweek.com
If Your Packages Get Delayed, Don't Blame Exploited Workers
Your UPS driver—plus hundreds of thousands of other UPS workers represented by the Teamsters—needs your support, understanding, and compassion. Because they're in a fight for their lives.
www.newsweek.com
oldupsman
Well-Known Member
@scratch .. do you remember the year we had to exit the Thrift Plan, I believe it was in 1995..?
UPS stock went public in “99”, a question was asked about when we Union folk were permitted to purchase UPS stock before that? I know we had access to it when the Thrift Plan was terminated and did the stock split before it went public or after?
The question is out there for the old timers also..
I'm in the same era as you two and now I'm really confused. I thought that both the end of the
thrift plan and buying stock happened in 1996 before the 97 strike. That's why UPS was so
surprised that we walked in 97. They figured now that we owned stock we wouldn't strike.
Michael Scott
Well-Known Member
I hope alot of the public reads that article, pretty well done.Sean O’Brien also wrote an article in Newsweek, published on the same day as the Rogers crap.
If Your Packages Get Delayed, Don't Blame Exploited Workers
Your UPS driver—plus hundreds of thousands of other UPS workers represented by the Teamsters—needs your support, understanding, and compassion. Because they're in a fight for their lives.
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