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Brown Cafe UPS Forum
UPS Partners
Crash landing - 2019
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<blockquote data-quote="Popeye" data-source="post: 4002267" data-attributes="member: 29236"><p>LOL! Been there, done that. I systematically sold off my UPS stock beginning shortly after the IPO. When our dept manager (aka "his lordship" LOL!) counseled me about this I told him my reasons, including the introduction of market risk that hadn't been present before. I talked about a scenario where the company does poorly, the stock price sinks, layoffs result and the people laid off have to sell at a depressed price to live on. This scenario was so far removed from his little universe revolving around him that all he could do was look at me like a deer in the headlights. He didn't say a word, because he didn't understand anything I was talking about. Now, here we are!</p></blockquote><p></p>
[QUOTE="Popeye, post: 4002267, member: 29236"] LOL! Been there, done that. I systematically sold off my UPS stock beginning shortly after the IPO. When our dept manager (aka "his lordship" LOL!) counseled me about this I told him my reasons, including the introduction of market risk that hadn't been present before. I talked about a scenario where the company does poorly, the stock price sinks, layoffs result and the people laid off have to sell at a depressed price to live on. This scenario was so far removed from his little universe revolving around him that all he could do was look at me like a deer in the headlights. He didn't say a word, because he didn't understand anything I was talking about. Now, here we are! [/QUOTE]
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