Lol.
10 replies (most recent on top)
@111967: You're supposed to buy so much stock, the commission becomes irrelevant, so you make approximately one penny on every $62.62 you put in. Duh! Actually...you clearly don't recognize a joke when you see one. Nevermind.
BTW: All publically traded companies will never issue stock option grants to most of it's peon employees, due to the PITA way of doing accounting on them. You get RSU grants. The only companies that still might issue stock options for peon employees are privately held companies. So netflix is not "giving" newer employees stock options, but instead RSUs. And they aren' that great, from what I've seen.
....Meanwhile, you can watch how my UDOW leveraged dow etf that I bought right after the 240+ point dow drop is going to kick your 1 cent qualcomm gain's ass today, and probably for the next few days.
Anonymous112058,
You're a fuking moron. You take 1 company that is exceptional, and you extrapolate that into think that all companies will multiply by the same amount, even qualcomm. It's the same idiotic thinking that some people say that they "don't need to go to college" because people like Mark Z and Bill Gates dropped out of college, despite 99% of you aren't even close to being as capable as Mark Z or Bill. For every 1 person that "gets lucky" with the stock option, there are 10000+ more of you that will never come close to that, especially you younger types that are working at the Q right now. In fact remaining idiots like you "think" you are lucky and take that foolish risk, because you want to get rich quick. Go for it. There's a high probability you will eat shit, like I've seen with all the retail investors that bought into the .com hype of the 2000'is... Just like most amateur gamblers, you have no fvcking clue on when you need to take money off the table, and so you'll see it go up and come down. And you are proving my point with Netflix. You see, employees that have a boatload of stock options and RSUs are making a killing off of their company provided stock options/RSU. At $650/share, an employee would be stupid to use his own money to buy additional shares. Because whatever he buys will return just a tiny amount relative to the options/RSU's his company already gave him. He/she is already rich by being lucky with his company stock grants. Whatever he buys to himself, won't really add that much more money to his millions. What he/she would be focusing on is how to quickly dispose of part of his stock grants/options to retail investors that are stupid enough to pay $650/share for it and diversify into something else, "just in case". Afterall, if you already have $2-3 million worth of options, you'll be perfectly happy selling 1/2 to retail buyers, and taking that $1million or so and "do something else with it". The fact that you think it's a good financial decision to use more money to buy more shares on top of your company issued grants shows something very evident. Your existing stock grant/options is not much, and chances are whatever money you have to buy shares on the retail market won't be much either for it to be that important enough for you actually add more shares to whatever the company has already granted you. At this point, you aren't investing anymore. You're gambling..And you're gambling on a stock that isn't even a high flyer...Qualcomm is an old company, it's not like it's like it's a high flying spring chicken like Ambarella. Hell, even Broadcom returned better than Qualcomm this year, because Qualcomm will never be an acquired, only an acquirer. You're taking a stupid gamble of your own money on a stock that will never again be a high flyer. You aren't "going big". Because if you had any worthwhile stock grants, your stock grants would already be big, and there would be no need for you to use your own money to buy more shares to try to make yourself feel you are now going big. But hey, go for it. I'm pretty confident you're going to eat shit. If not this time, one time your thinking you will. Because you will never have better information than an insider that knows about the company to be consistently making the right decision on when it's a good time to buy.....I use to work at a .com company back in 2000, and back then we were given $10/share stock options. We IPOed at $220/share. And after the 90 lockup window, our stock was floating around $250/share, give or take $50/share on the wild swings. No one, not even me, ever thought about buying more shares while having already so many option grants from the company. Shit, we were too busy trying to exercise our existing ISO stock grants and sell the same day as soon as we vested, because it was unanimous that we all thought this party won't last forever And back then, those companies weren't smart enough and haven't figured out to put company policies in place that would prohibit employees for buying derivatives of our own company's stock...So for many of us with unvested stock options, we would buy "put" options as insurance in case our .com company's stock crashed. The put options would then compensate us for the declining stock price.. So yes, we cashed out, selling at $250ish, $300ish and $100share to retail "investors", which eventually got screwed when the bubble finally did burst and was left with close to nothing, while we reaped all the benefits from being an employee with ridiculously low stock option grants... It's no different this time, except that some of the new IPOing companies have taken it to the next level...They've figured a way to get around the 90 day lockup window and most of them have exercised some way of selling thier pre-ipo shares even within what would have been a traditional 90 lockup window. Now why do you think insiders would be so interested in selling a hot IPO so quickly and not be adding to their own position using their own money?Hmmmmmmm. You have so much to learn about "speculating", it's actually pretty sad that you don't even have a fcking clue about how to do it to maximize your chances of greater success.
@112005, tell that to the employees at NFLX who have made an absolute killing on the stock option program. Many have retired already after putting 50-100% of their salaries into their employee option program. This is how you make it big in Silicon Valley. Need to believe in the tech revolution. Go big or go home!!
janet yellen can't see bubbles and she's blowing them. good luck when the music stops.
I dont diagre with the concept of investing. I just think you are a f***ing moron by concentrating everything into the Q stock event though you already have Q shares from the company
Most of you amateurs think you can outsmart the indexes...most of you will fail miserably trying to outpick indexes, especially those of you buying qualcomm shares because of your emotional attachment to your employer versus looking at it objectively relative to all the other investments out there. You underperformed all the indexes today with your qualcomm purchase. And you did so will also taking on considerably much more risk . buying shares right before an earnings announcement isn't "investing".. Its short term gambling
Already did that. Yes, everyone is starved for yield. Why do you think everyone is in on stocks and becoming a landlord? Any marginal improvement in yield helps. That's what the Fed wants, and they will backstop everyone just like what the Chinese government is doing now. If you're not putting your cash into the market or other risk assets in one form or another, you're missing out. This is why the rich get richer and the poor who cannot afford to save any cash to invest are falling further behind. For people like you, you'll be at the mercy of the Q for life if you don't trust the Fed and make your money work hard for you.
Lol. Clearly you aren't an engineer or a person with an reasonable mathematical ability. As an exercise for you what is your daily roi on a 1 penny gain for a 62.61 share price. And tell me again that that is better that no bank is paying you better. Shit, go open a chase bank account with that $500 cash bonus for just opening an account and make the minimum direct deposit of $500 each month and quickly transfer it out and maintain a $0 balance, and that would give you better return. Actually, your one penny gain isnt even a gain, because i am guessing the cost to buy and sell those shares is at least $10 for both transactions, using your out of the company brokerage accounts.
A penny profit on $62.62 in one day is still much more than what the banks are paying in interest, so my argument on BTFD still stands. IT'S FREE MONEY!! The Fed has our backs.