After so many round of chopping, STX finally stay at $46.xx....
You guys still hoping the share will go up some more or already SOLD the ESPP?
5 replies (most recent on top)
Sell sell sell.. No hope for STX.
youre the idiot, you still work at Seagate. all the smart people have left.
BTW buying the stock at 34.46 - 15% = 27.56 so you sell at 45, profiting 17.44. So short term capital gains hits you at 39% and you only profit 10.64 vs 13.96 if I go long. Oh wait, I forgot my tax bracket is 39% because Seagate made me rich, maybe you do make more money selling your 5 shares with 10% short term gains. ha ha ha you know why i pay so much in taxes? because I make so much money.
want to know what stock to buy? come to this website and see who is b--ching. STX is a winner!
Yep, sold all of my ESPP right away.
you're a god damn moron
you only pay taxes on the increase in price after the purchase date. you are already being taxed at the normal income rate for the 15% "FREE" money.
sell your stock now as the price is good and dont risk having all your eggs in one basket when things aren't so good later this year. lose your job and your portfolio
Going long for the taxes. 15% discount plus capital gains, as long as stock doesnt drop 15% FREE money.