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re: Company stock @15% market discount

Posted on 8/3/13 at 9:04 am to
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 8/3/13 at 9:04 am to
We have almost the same deal except we can put in 10%, we get an 18% discount, and the stock is purchased using the price of the stock on the first day or last day of the quarter,whichever is lower. I can also sell right away, but it usually takes around 15 days to actually get processed. I haven't made less than 30% (including the discount) yet. Definately worth it. I'll keep the money in it if I think there is money to be made, but our stock has stayed pretty much te same far about 2 years. I've just been using it as a savings and pulling it out at the end of the quarter when the stock gets a dollar or so higher than normal.
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