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Originally Posted by KC135
(Post 3513501)
Smart, more people really should be taking advantage of this. I usually put the min in months 1-4 then months 5-6 I try to hit the max total limit and immediately sell to take the easy gain with only a 2 month hold period.
Originally Posted by KC135
(Post 3513524)
Sure you could cause a red short term candle if everyone sold at the same moment in time but the shares have to be purchased first so overall it's a net wash on the stock price since the company pays the discount when the buy orders are filled.
Also the number of shares are small via the ESPP. Roughly 250k shares are traded a day, giving about 16 million dollars worth of ALGT stock changing a hands a day. |
Originally Posted by JediCheese
(Post 3513473)
No holding time and a 15% discount (so a 17.5% immediate rate of return). Dumping the stock the second it hits my account. Only downside is you can't touch the money until it buys every 6 months so not exactly liquid if you run into financial problems.
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Originally Posted by G4poor
(Post 3513888)
It is liquid. You can pull the money out mid offering period and drop out of the program. The limit is $25k/yr.
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Originally Posted by JediCheese
(Post 3513473)
No holding time and a 15% discount (so a 17.5% immediate rate of return). Dumping the stock the second it hits my account. Only downside is you can't touch the money until it buys every 6 months so not exactly liquid if you run into financial problems.
Interesting, and smart move. Thanks for explaining. Sent from my iPhone using Tapatalk |
Meanwhile another new-hire class cancelled due to lack of interest…..
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Originally Posted by tailendcharlie
(Post 3517485)
Meanwhile another new-hire class cancelled due to lack of interest…..
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Originally Posted by KC135
(Post 3517512)
Which one? Oct 31st?
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Why would a new hire come to Allegiant to make half as much as a regional. There aren’t that many independently wealthy pilots looking for a job in Appleton. I’m surprised there are any classes.
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Originally Posted by 9easy
(Post 3519128)
Why would a new hire come to Allegiant to make half as much as a regional. There aren’t that many independently wealthy pilots looking for a job in Appleton. I’m surprised there are any classes.
In other news, UAL latest vacancy bid has unfilled CA vacancies in 6 different bases now, TA2 on the way shortly along with TA1 for AA. |
Originally Posted by 9easy
(Post 3519128)
Why would a new hire come to Allegiant to make half as much as a regional. There aren’t that many independently wealthy pilots looking for a job in Appleton. I’m surprised there are any classes.
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