“Basic rule for anyone who works for a public company: participate in equity comp and other employee stock ownership opportunities, but otherwise just don’t trade in the company’s stock.”
Actually, usually a bad idea to have any significant ownership in the company you work for since too many eggs in one basket. Unless you can buy at employee discount and sell. Of course this doesn’t apply to MSFT in the 90’s…
Legion’s formatting reminds me of when someone took random snippets of Phil Rizzuto’s Yankee broadcast chatter and presetned it as free verse.
Pete — sounds like 7 nights — yeah, I would do 2 locations. Road up to and down from Monteverde is bumpy. Plan 2 hours just for that part. 5 hour drive from San Jose total (4 if everything goes smoothly, which it never does). 3 hrs approx from Monteverde to Arenal area. There’s an Arenal-San Jose shortcut that I’ve never tried from the east side of the volcano.
Also, most publicly listed companies don’t allow employees to buy or sell stock the week (or two) before earnings announcements.”
That’s basically the exact opposite of the way it works.
A good public company trading policy only allows employees to trade AFTER earnings are announced and public filings are made, so all material information has been purged into the market.
Reading comprehension, asshole…that’s exactly what i wrote.
Also, most publicly listed companies don’t allow employees to buy or sell stock the week (or two) before earnings announcements.”
That’s basically the exact opposite of the way it works.
A good public company trading policy only allows employees to trade AFTER earnings are announced and public filings are made, so all material information has been purged into the market. Would make no sense to allow people to trade BEFORE earnings when lots of insiders have material nonpublic information.
Basic rule for anyone who works for a public company: participate in equity comp and other employee stock ownership opportunities, but otherwise just don’t trade in the company’s stock. Don’t do it. Like the sector? Find another company to buy. Like the company? Keep collecting your paycheck there and then buy stock somewhere else. Just don’t do it. That simple.
Something that stupid required another correction.
“Basic rule for anyone who works for a public company: participate in equity comp and other employee stock ownership opportunities, but otherwise just don’t trade in the company’s stock.”
Actually, usually a bad idea to have any significant ownership in the company you work for since too many eggs in one basket. Unless you can buy at employee discount and sell. Of course this doesn’t apply to MSFT in the 90’s…
Yeah, asshole, I know, I corrected myself before you did.
Legion’s formatting reminds me of when someone took random snippets of Phil Rizzuto’s Yankee broadcast chatter and presetned it as free verse.
Pete — sounds like 7 nights — yeah, I would do 2 locations. Road up to and down from Monteverde is bumpy. Plan 2 hours just for that part. 5 hour drive from San Jose total (4 if everything goes smoothly, which it never does). 3 hrs approx from Monteverde to Arenal area. There’s an Arenal-San Jose shortcut that I’ve never tried from the east side of the volcano.
“By daveinbedstuy on November 10, 2010 4:22 PM
Also, most publicly listed companies don’t allow employees to buy or sell stock the week (or two) before earnings announcements.”
That’s basically the exact opposite of the way it works.
A good public company trading policy only allows employees to trade AFTER earnings are announced and public filings are made, so all material information has been purged into the market.
Reading comprehension, asshole…that’s exactly what i wrote.
I can probably make lunch Friday.
Oh, awesome, I just made an ass of myself.
DIBS was saying the right thing. I thought he said the opposite b/c I read it too quickly.
OK back to work.
“By daveinbedstuy on November 10, 2010 4:22 PM
Also, most publicly listed companies don’t allow employees to buy or sell stock the week (or two) before earnings announcements.”
That’s basically the exact opposite of the way it works.
A good public company trading policy only allows employees to trade AFTER earnings are announced and public filings are made, so all material information has been purged into the market. Would make no sense to allow people to trade BEFORE earnings when lots of insiders have material nonpublic information.
Basic rule for anyone who works for a public company: participate in equity comp and other employee stock ownership opportunities, but otherwise just don’t trade in the company’s stock. Don’t do it. Like the sector? Find another company to buy. Like the company? Keep collecting your paycheck there and then buy stock somewhere else. Just don’t do it. That simple.
denton- ;-D