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Why is a Strike Quite Possible?
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<blockquote data-quote="I GOT ONE MORE" data-source="post: 5528285" data-attributes="member: 5997"><p>And hopefully you too. </p><p>Back then, hourly could purchase stock at a 10% market discount through payroll deductions.</p><p>Management got theirs through the MIP annual bonus which was PART of their compensation package.</p><p>Most hourly probably shrugged it off because they had to pay.</p><p>Not me.</p><p>When the stock went public at $65, that was an immediate triple. I held for about 15 years before selling all about $95.</p><p>While stock paid decent dividends all those years, it didn't have much capital appreciation during that time frame. But it's done pretty well the last 5 years or so. </p><p>I guess my point....plan ahead, whatever your trade. One must see the forest AND the trees.</p></blockquote><p></p>
[QUOTE="I GOT ONE MORE, post: 5528285, member: 5997"] And hopefully you too. Back then, hourly could purchase stock at a 10% market discount through payroll deductions. Management got theirs through the MIP annual bonus which was PART of their compensation package. Most hourly probably shrugged it off because they had to pay. Not me. When the stock went public at $65, that was an immediate triple. I held for about 15 years before selling all about $95. While stock paid decent dividends all those years, it didn't have much capital appreciation during that time frame. But it's done pretty well the last 5 years or so. I guess my point....plan ahead, whatever your trade. One must see the forest AND the trees. [/QUOTE]
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Why is a Strike Quite Possible?
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