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DESPP Withdrawal (UPS Stock)
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<blockquote data-quote="MattM" data-source="post: 4398305" data-attributes="member: 53192"><p>Op, do you know how stocks work? I don't think you can just reneg on a deal because it doesn't perfectly match your parameters. There would be minimal investors using DESPP if that was the case. That's pretty much why there's a 5%? Discount and a two year wait. That's the risk. You're locked in at end of qrt final Bell on Friday#s.</p><p></p><p></p><p>Now I know you can just change your payroll deduction to zero, but it may take 7-12 days. Same with additions. Earlier this week would be the time to dump serious money in but the risk is you're waiting for March 31st #s. </p><p></p><p>When I first started mine, I had issues because I did not enroll and set an amount before the new quarter had started. I enrolled in January and had to wait until April to start the deductions. So jumping in and out Willy nilly may not exactly be possible.</p></blockquote><p></p>
[QUOTE="MattM, post: 4398305, member: 53192"] Op, do you know how stocks work? I don't think you can just reneg on a deal because it doesn't perfectly match your parameters. There would be minimal investors using DESPP if that was the case. That's pretty much why there's a 5%? Discount and a two year wait. That's the risk. You're locked in at end of qrt final Bell on Friday#s. Now I know you can just change your payroll deduction to zero, but it may take 7-12 days. Same with additions. Earlier this week would be the time to dump serious money in but the risk is you're waiting for March 31st #s. When I first started mine, I had issues because I did not enroll and set an amount before the new quarter had started. I enrolled in January and had to wait until April to start the deductions. So jumping in and out Willy nilly may not exactly be possible. [/QUOTE]
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