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Sold My Third Quarter Stock Purchase Plan Shares

This article was written by in Investing. 3 comments.


I took some time this morning to apply for clearance to sell my company stock purchase plan shares. A recent question from a reader reminded me that I needed to do this before my opportunity would disappear for another few months.

The sell was executed this morning, and I was able to get a good price (relative to recent trading in the past few weeks) thanks to some good news announced by the company early this morning before the markets opened.

This is usually the largest amount of “market timing” I will do. It’s with 10% of my unimpressive day job salary each quarter, and I’m most inclined to sell the shares as soon as possible. I’ve been busy over the past several weeks, but I decided to set aside a few minutes to take care of it this morning. Thanks to the discount we receive when purchasing the shares, I should make several hundred dollars on the trade.

Published or updated November 14, 2007. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes, also known as Flexo, is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow Luke Landes on Twitter. View all articles by .

{ 1 comment… read it below or add one }

avatar Brian

Woohoo! Congratulations.

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