We all should have received our notices on voting for the board this shareholders meeting. Use this to make a statement and tell your co-workers the same thing. Vote NO for Charlie. If enough people vote their shares maybe it will register. Little things can add up to one big thing.
6 replies (most recent on top)
Your 100 shares may not make a difference but if a majority of employees went and voted all those 100 shares would add up.
I don't know if this is good or bad but I have way more then 100 shares. We have always been a good buy and we pay dividends on our shares. I reinvest all that and buy more. I have been investing outside what we get from work since Wachovia days and my return has been great.
Remember: if the board recommends "For" you vote against. If they recommends "Against" it is definitely in your best interest to for for!
As others have said. It won't make a difference. A while back, Buffet held a huge stake in WF and he likely had more votes than all of the WF workers together. I agree, Chief Charlie needs to go, but as long as his buddies get rich, they will keep him in like a puppet to get what they want.
Voted specially on a lot of the board members. When we had team moments -it was always stated to vote your shares. That's how a lot of the old time BOD were ousted.
Sold all mine at $75. Ha
Your 100 shares are not going to make a difference.
Vanguard and Blackrock hold millions of shares. They are the ones that matter