Originally Posted by
tsquare
I have those same worthless stock options you are talking about. I remember them touting the Black Scholes model and how DAL stock was on the way up, yada yada yada... but we now know that the B/S (interesting contraction I see now that I write it) was flawed. But..... and I am not necessarily advocating it... if we got options placed into a trading account that were immediately tradeable, I'd jump on that in a heartbeat.
If that happened, DALPA would hold back the stock, hire someone to try to sell the stock as a block, wait for the price to go to a historic low before releasing the stock.... Nah, that would never happen.
Let's just stay away from stock. Put it in my paycheck every month, month in, month out. Let Dick and Eddie play that game.
(I thought the B/S was a pretty good descriptor, too
)