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re: Company stock @15% market discount
Posted on 8/3/13 at 8:17 am to LSU999
Posted on 8/3/13 at 8:17 am to LSU999
If I had faith in the company I would try my best to purchase all that I could. Also, a 15% discount is worth more than 15%. A 50% discount would mean the stock it worth 100% more than you paid for it. A 15% discount is worth 17.6% more than you paid for it. If it goes up 10% in two years, you will have a return right at 30%.
1
Posted on 8/3/13 at 8:38 am to eelsuee
That's the type of info that can help me. I appreciate any information given. Like I said I'm not a market guy and I'm just willing to take advantage of anything that will make me money without putting too much on the line.
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