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airplay · 10-22-2007, 07:03 PM

I wonder how many shares are in the employee stock purchase plan. After 9/11 CAL dropped into the $4-$5 range and the program was canceled because they ran out of shares to issue. It looks like XJT hit a low of $2.65. That price minus 15% means employees will get it at $2.25~ If you were able to sell those shares for todays closing price, you'd be up 55%

10-22-2007, 07:03 PM	#11 (permalink)
airplay ATP Join Date: Apr 2003 Posts: 1,261	I wonder how many shares are in the employee stock purchase plan. After 9/11 CAL dropped into the $4-$5 range and the program was canceled because they ran out of shares to issue. It looks like XJT hit a low of $2.65. That price minus 15% means employees will get it at $2.25~ If you were able to sell those shares for todays closing price, you'd be up 55% __________________ Mike Aviation Interviews.com - The best FREE interview gouge on the net! Pilot Mentor Network.com - This is your chance to give something back to the aviation community. Become a mentor today! 145 Study Guide.com - An online interactive study guide