Home › Forums › Other › Poll: ESPP participants. Do you typically take the money and run or hold for cap gaps treatment.
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December 21, 2007 at 4:14 PM #122581December 21, 2007 at 10:39 PM #122564AKguyParticipant
Back in the day, when I had a decent ESPP, I learned from experience to SELL and SELL immediately. In the final few years I would even sell short a few days before the distribution so as to hedge my position. Some people got burned by delays in having their accounts credited; meanwhile the stock tanked and they lost out.
Holding out for LTCG treatment is a fools errand if the stock is too risky an investment.
SELL SELL SELL. You’ve already invested you life there; time to diversify.
December 21, 2007 at 10:39 PM #122711AKguyParticipantBack in the day, when I had a decent ESPP, I learned from experience to SELL and SELL immediately. In the final few years I would even sell short a few days before the distribution so as to hedge my position. Some people got burned by delays in having their accounts credited; meanwhile the stock tanked and they lost out.
Holding out for LTCG treatment is a fools errand if the stock is too risky an investment.
SELL SELL SELL. You’ve already invested you life there; time to diversify.
December 21, 2007 at 10:39 PM #122735AKguyParticipantBack in the day, when I had a decent ESPP, I learned from experience to SELL and SELL immediately. In the final few years I would even sell short a few days before the distribution so as to hedge my position. Some people got burned by delays in having their accounts credited; meanwhile the stock tanked and they lost out.
Holding out for LTCG treatment is a fools errand if the stock is too risky an investment.
SELL SELL SELL. You’ve already invested you life there; time to diversify.
December 21, 2007 at 10:39 PM #122789AKguyParticipantBack in the day, when I had a decent ESPP, I learned from experience to SELL and SELL immediately. In the final few years I would even sell short a few days before the distribution so as to hedge my position. Some people got burned by delays in having their accounts credited; meanwhile the stock tanked and they lost out.
Holding out for LTCG treatment is a fools errand if the stock is too risky an investment.
SELL SELL SELL. You’ve already invested you life there; time to diversify.
December 21, 2007 at 10:39 PM #122813AKguyParticipantBack in the day, when I had a decent ESPP, I learned from experience to SELL and SELL immediately. In the final few years I would even sell short a few days before the distribution so as to hedge my position. Some people got burned by delays in having their accounts credited; meanwhile the stock tanked and they lost out.
Holding out for LTCG treatment is a fools errand if the stock is too risky an investment.
SELL SELL SELL. You’ve already invested you life there; time to diversify.
December 21, 2007 at 11:55 PM #122620procrastinatorParticipantYour plan is pretty generous compared to mine. I take my measly 5% discount and run. This means placing a market sell order immediately after the shares appear in my brokerage account, which always happens after hours. So you see I am not willing to tolerate much downside risk with this at all. My company does not have a particularly bad outlook, but I figure I have more than enough exposure to its stock price through stock options that I still have. Your situation seems different. There are not too many trading days left in 2007. If you really expect to be in a lower tax bracket next year, I would wait till January.
December 21, 2007 at 11:55 PM #122767procrastinatorParticipantYour plan is pretty generous compared to mine. I take my measly 5% discount and run. This means placing a market sell order immediately after the shares appear in my brokerage account, which always happens after hours. So you see I am not willing to tolerate much downside risk with this at all. My company does not have a particularly bad outlook, but I figure I have more than enough exposure to its stock price through stock options that I still have. Your situation seems different. There are not too many trading days left in 2007. If you really expect to be in a lower tax bracket next year, I would wait till January.
December 21, 2007 at 11:55 PM #122790procrastinatorParticipantYour plan is pretty generous compared to mine. I take my measly 5% discount and run. This means placing a market sell order immediately after the shares appear in my brokerage account, which always happens after hours. So you see I am not willing to tolerate much downside risk with this at all. My company does not have a particularly bad outlook, but I figure I have more than enough exposure to its stock price through stock options that I still have. Your situation seems different. There are not too many trading days left in 2007. If you really expect to be in a lower tax bracket next year, I would wait till January.
December 21, 2007 at 11:55 PM #122844procrastinatorParticipantYour plan is pretty generous compared to mine. I take my measly 5% discount and run. This means placing a market sell order immediately after the shares appear in my brokerage account, which always happens after hours. So you see I am not willing to tolerate much downside risk with this at all. My company does not have a particularly bad outlook, but I figure I have more than enough exposure to its stock price through stock options that I still have. Your situation seems different. There are not too many trading days left in 2007. If you really expect to be in a lower tax bracket next year, I would wait till January.
December 21, 2007 at 11:55 PM #122867procrastinatorParticipantYour plan is pretty generous compared to mine. I take my measly 5% discount and run. This means placing a market sell order immediately after the shares appear in my brokerage account, which always happens after hours. So you see I am not willing to tolerate much downside risk with this at all. My company does not have a particularly bad outlook, but I figure I have more than enough exposure to its stock price through stock options that I still have. Your situation seems different. There are not too many trading days left in 2007. If you really expect to be in a lower tax bracket next year, I would wait till January.
December 22, 2007 at 7:11 AM #122657CoronitaParticipantThanks everyone for your comments. Against my normal pattern, I'm going to hold out at least till next year. Normally I do sell espp shares right awasy, because in the past my companies were pretty volatile. Now, I'm working in a company which moves pretty slow.
December 22, 2007 at 7:11 AM #122803CoronitaParticipantThanks everyone for your comments. Against my normal pattern, I'm going to hold out at least till next year. Normally I do sell espp shares right awasy, because in the past my companies were pretty volatile. Now, I'm working in a company which moves pretty slow.
December 22, 2007 at 7:11 AM #122828CoronitaParticipantThanks everyone for your comments. Against my normal pattern, I'm going to hold out at least till next year. Normally I do sell espp shares right awasy, because in the past my companies were pretty volatile. Now, I'm working in a company which moves pretty slow.
December 22, 2007 at 7:11 AM #122882CoronitaParticipantThanks everyone for your comments. Against my normal pattern, I'm going to hold out at least till next year. Normally I do sell espp shares right awasy, because in the past my companies were pretty volatile. Now, I'm working in a company which moves pretty slow.
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