I didn't know that was how it works. Is it administered through T.Rowe Price?So what are your thoughts? Mine are its strange that you have a 2 week period to sign up, then they collect until Sept 30th and then your stock is purchased on Sept 30th. Holding our money? Why?
strategically placed at end of quarterly earnings. Its all about you...yeah right !So what are your thoughts? Mine are its strange that you have a 2 week period to sign up, then they collect until Sept 30th and then your stock is purchased on Sept 30th. Holding our money? Why?
No, it's through Morgan Stanley. It's not a retirement plan. And I am not putting a dime into this P.O.S.I didn't know that was how it works. Is it administered through T.Rowe Price?
I know the Roth I.R.A. option that was added is not exactly the clearest thing in the world.
The reason, I think, is because you must buy whole shares of stock. With what I read in the terms you might be better off going outside and buying it on your own. This is setup for those that live paycheck to paycheck and can have the company hold money then buy stock after a time frame. As of this post XPO stock was $104.27 if its that price on 30 Sept then the company will buy it for you at 95% of its value or for about $99.05 per share and then you must follow the terms of the sell. My opinion would be to put 1% or more in a roth IRA. Also if I buy stocks I don't want any special term I must follow. If the stock jumps or dives in a week I want the choice to dump it when I want.So what are your thoughts? Mine are its strange that you have a 2 week period to sign up, then they collect until Sept 30th and then your stock is purchased on Sept 30th. Holding our money? Why?
I think they were looking for a perk for employees and decided to ignitiate it doesn’t cost them anything as matter fact benefits them.Wonder why he (Jacobs) never let us get into this stock deal in the beginning
Because it wasn't $104 a share!!!Wonder why he (Jacobs) never let us get into this stock deal in the beginning
Yep. Anyone could have bought stock through a broker.Because it wasn't $104 a share!!!
Minus that huge 5% discount.Yep. Anyone could have bought stock through a broker.
I got in when the talk of Home Depot was going on at almost $89 a share. Now it's trading it $104 and I'm feeling pretty good. I used Robinhood to make my purchase. No brokerage fees whatsoever. Quick and easy to set up easy to sell easy to buy.Yep. Anyone could have bought stock through a broker.
Wonder why he (Jacobs) never let us get into this stock deal in the beginning
Most people that work at XPO Logistics have invested too much for what they have received already.If you recall, he forced a conversion of all the XPO stock in our 401k's because he felt it was a distraction. It was claimed people were too concerned with watching the stock price while at work.
Now that it's overpriced, he wants us to buy in.
I didn't think they gave use XPO stock for our Conway shares that we had in our 401k. I heard Xpo just bought it out and put cash in thereIf you recall, he forced a conversion of all the XPO stock in our 401k's because he felt it was a distraction. It was claimed people were too concerned with watching the stock price while at work.
Now that it's overpriced, he wants us to buy in.
And please info the crowd what restrictions you have on a wait period to sell your sharesI got in when the talk of Home Depot was going on at almost $89 a share. Now it's trading it $104 and I'm feeling pretty good. I used Robinhood to make my purchase. No brokerage fees whatsoever. Quick and easy to set up easy to sell easy to buy.
I owned shares of Con-way (and never agreed to sale them ) BUT I received a nice check for my shares.I didn't think they gave use XPO stock for our Conway shares that we had in our 401k. I heard Xpo just bought it out and put cash in there
I didn't think they gave use XPO stock for our Conway shares that we had in our 401k. I heard Xpo just bought it out and put cash in there