This is highly unethical behaviour at best
I am shocked. Though I shouldn't be at this place.
13 replies (most recent on top)
The Stock right now is at an all-time low and has taken a 75% dip in Value, thanks of course, to Frank and Team for cutting the knowledgeable employees and neglecting to update/upgrade systems. Everyone is paying the price for the misguidance of the company.
The Buy now message is only as good as you feel the direction and course of the company is headed.
When the stock price was $240-$250, it was well overinflated, and anyone working in the sweatshop would know that. buyer beware!
When it was 10% or 15% it made sense. The 5% program is a joke, it always happens right before a dip so the stock that I purchased at a discount always seemed to be worth pretty close to what I bought it for on the Monday after the purchase happened.
Doesn't make sense to tie up funds for 3 months to buy stock for what ends up being maybe 1-2%
They need you to buy for their exit liquidity. lol.
Back in the CKFR days, we used to get it at 15% off. I'd buy whatever I could and, the minute it hit my account, I'd sell it. Yeah, the short-term gain was a ki-ler, but it was essentially a guaranteed return of 10-ish percent after taxes on whatever I bought.
A discount of 5% pre-tax? Why even bother?
@de their staff
@OP nothing unethical in doing so. It d be unethical if the senior managers were asking their stuff to sell their shares
I hope this isn’t happening. Watch the Enron movie.
They need to pump their shares before it vests
Then resign
@ay
Only 5% now.
Do they still offer 10% off?
I will never buy stock somewhere I work again purely from a diversification perspective. And haven't with fiserv yet either
Just think it's disgraceful behaviour by people who clearly have an interest in the stock price not falling
If there telling you to buy the stock DONT! They tried pushing the employee purchase plan on us before the stock fell 60%