What could have been?
insomniac-surfer asks "Ever turn down a job or didn't buy shares that could have made you rich and possibly famous?
Tell us what you did or didn't do that could have turned out possibly life changing."
( , Fri 2 Oct 2015, 8:28)
insomniac-surfer asks "Ever turn down a job or didn't buy shares that could have made you rich and possibly famous?
Tell us what you did or didn't do that could have turned out possibly life changing."
( , Fri 2 Oct 2015, 8:28)
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Shall I do a genuine one?
Working in an IT-networky-type company, mid-90s, tech shares were like licenses to print money. I had 15,000 share options at 1.50 a share. The current price was 48.50, meaning I had a total of around 700,000 (dollars) just sitting there waiting to be exercised. The price had been going up like a rocket all week. In the end I phoned the company broker in the US and told him to sell everything when it hit 50 dollars a share. Went home, drank champagne, went to bed.
Next morning, the price is 39.00 a share. The peak was 49.75. I still had all my options. Then several board members were investigated for fraud. Never saw a penny. Still broke. But not bitter, it's just that all IT company directors are cunts.
( , Fri 2 Oct 2015, 17:38, Reply)
Working in an IT-networky-type company, mid-90s, tech shares were like licenses to print money. I had 15,000 share options at 1.50 a share. The current price was 48.50, meaning I had a total of around 700,000 (dollars) just sitting there waiting to be exercised. The price had been going up like a rocket all week. In the end I phoned the company broker in the US and told him to sell everything when it hit 50 dollars a share. Went home, drank champagne, went to bed.
Next morning, the price is 39.00 a share. The peak was 49.75. I still had all my options. Then several board members were investigated for fraud. Never saw a penny. Still broke. But not bitter, it's just that all IT company directors are cunts.
( , Fri 2 Oct 2015, 17:38, Reply)
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