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Jeff puts his money where his mouth is, buys $250K of UAL at $27.66

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Jeff puts his money where his mouth is, buys $250K of UAL at $27.66

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Old Aug 28, 2013, 2:34 pm
  #1  
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Jeff puts his money where his mouth is, buys $250K of UAL at $27.66
Will be interesting to see if the current price is a temporary dip or a longer term revaluation.... And if for Jeff the current stock price will be a "change you will like"
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Old Aug 28, 2013, 2:40 pm
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free money
Correct me if my wrong, but if that is a bonus re-investment, no taxes, right?
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Old Aug 28, 2013, 3:27 pm
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No current income taxes if it's deferred income, not because of stock purchase. Not "free money" because income tax is due at distribution. If that's the case...may still have to cough up FICA, etc.
Last edited by IAH-OIL-TRASH; Aug 28, 2013 at 3:38 pm
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Old Aug 28, 2013, 4:28 pm
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Having a little fun here. Maybe like Ballmer at MSFT, he knows his investment will go up in value as soon as he makes his departure announcement. Not a bad strategy.
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Old Aug 28, 2013, 4:41 pm
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Originally Posted by ibuyyoufly
Having a little fun here. Maybe like Ballmer at MSFT, he knows his investment will go up in value as soon as he makes his departure announcement. Not a bad strategy.
I'd be more concerned about the reverse happening. Much more likely.
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Old Aug 28, 2013, 5:31 pm
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Originally Posted by star_world
I'd be more concerned about the reverse happening. Much more likely.
You are more concerned that he stays and the stock goes down? That is more likely?
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Old Aug 28, 2013, 5:54 pm
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Originally Posted by spin88
You are more concerned that he stays and the stock goes down? That is more likely?
You tell us, you're the expert
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Old Aug 28, 2013, 6:02 pm
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Originally Posted by star_world
You tell us, you're the expert
Star, I'm not doubting that truth of your statement that if Jeff stays, the stock will eventually fall, just surprised to hear you say it. [Unduly personalized text deleted by Moderator.]
Last edited by Ocn Vw 1K; Aug 28, 2013 at 9:48 pm Reason: Per FT Rules.
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Old Aug 28, 2013, 6:36 pm
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Originally Posted by star_world
I'd be more concerned about the reverse happening. Much more likely.
Jeff leaving, stock tanks? Reverse of what happened when Ballmer announced his retirement

David Einhorn always, well almost, gets what he wants.
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Old Aug 28, 2013, 6:41 pm
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Originally Posted by golfingboy
Jeff leaving, stock tanks? Reverse of what happened when Ballmer announced his retirement

David Einhorn always, well almost, gets what he wants.
CEOs leaving companies that are perceived to be doing well is something that generally does spook investors I'm not seeing the hostility towards UA's CEO that was very visible towards Ballmer at Microsoft for many years. Quite the opposite in fact!
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Old Aug 28, 2013, 6:54 pm
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Originally Posted by star_world
CEOs leaving companies that are perceived to be doing well is something that generally does spook investors I'm not seeing the hostility towards UA's CEO that was very visible towards Ballmer at Microsoft for many years. Quite the opposite in fact!
Flyertalk not withstanding I suppose.
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Old Aug 28, 2013, 7:00 pm
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Originally Posted by Red_Rob
Flyertalk not withstanding I suppose.
Correct, in the real world
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Old Aug 28, 2013, 7:01 pm
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Originally Posted by IAH-OIL-TRASH
No current income taxes if it's deferred income, not because of stock purchase. Not "free money" because income tax is due at distribution. If that's the case...may still have to cough up FICA, etc.
Thanks, still less than 5% of his pay and bonuses, I invest more than that.
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Old Aug 28, 2013, 7:05 pm
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But will it count toward PQD?
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Old Aug 28, 2013, 7:27 pm
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250K is not a big investment for the CEO of the company
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