Originally Posted by
orvil 
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
)
Originally Posted by
tsquare
We have 850 million shares outstanding. I am not worried about that kind of manipulation at all.... And I certainly think your overly dramatic characterization of how dALPA (which at that point should not handle any of the transactions) would act is silly. For the most part I agree with you about stock vs paycheck pay, but it is not an automatic no from me. I find options much more intriguing, but again it would depend on the structure. If there is any waiting period, deal's dead.
T-square,
You completely missed the point of my post. I was pointing out that DALPA, in their great wisdom completely screwed up the distribution of the second stock grant. They withheld the stock grant from our membership because they got cute and thought they knew best what to do with the stock grants. Consequently, it was distributed to us at a historic low after it cratered from $12.00 to $4.00 per share. I never intended to imply any sort of manipulation.
I am merely pointing out that screw ups of all kinds are possible when you are talking about stocks or stock options. Much of our membership does not have the knowledge necessary to manage or trade a stock option, regardless how the distribution is structured.
Give me everything in a hourly wage. Steady hourly wage is all the incentive I need.
P.S. I've got tickets to Georgia-Tennessee. I'm in the club section. I'll be the guy wearing red and black.