Stop buying cvs stock trough espp?

[ancienbon]

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Since Cvs stock have been going down, i am thinking about stopping any payroll deduction foe this period?
Anyond has thought about that

 

[Wheresmyaricept]

In what world does that make sense? It's cheaper to buy...therefore when it goes back up you'll make more money. Would you rather buy 100 shares at 100/piece or 100 shares at 80/piece? If anything buy more when it is lower. It's not like the company is going belly up tomorrow.

 

[farmadiazepine]

Nope. Keep buying it. You get the lower of the 2 prices from Jan 2 to June 30 and from July 1 to Dec 31. Just because it's going down doesn't mean you stop contributing to ESPP. You are not losing anything. Keep putting it in. I would contribute the max $21,250 every year, and it paid off so far.

 

[FarmD711]

Nope. Keep buying it. You get the lower of the 2 prices from Jan 2 to June 30 and from July 1 to Dec 31. Just because it's going down doesn't mean you stop contributing to ESPP. You are not losing anything. Keep putting it in. I would contribute the max $21,250 every year, and it paid off so far.

Is it the lowest closing price or the lowest price period? Because it hit $80 briefly one day in the last few weeks.

 

[sosoo]

u have a 15% downside protection, so its hard to go wrong on that. i would continue to buy if it wasn't for the 2 yrs lock up. if u have student loans or mortgage, the interests on those offset the espp gains. might as well pay off the loans.

 

[Sine Cura]

It's the lower of the closing price at the beginning of the offering period or the closing price at the end of the period.

 

[Momus]

Since Cvs stock have been going down, i am thinking about stopping any payroll deduction foe this period?
Anyond has thought about that

If you want to buy, buy small %, not all 100% 401k going in here. Don't put your eggs in one basket. Keep buying stocks thru the downturn and never sell, you will come out like a bandit when it goes back up. Notice I say stocks, not a stock.

 

[FarmD711]

It's the lower of the closing price at the beginning of the offering period or the closing price at the end of the period.

Thanks.

Any idea what the closing price was at the beginning of the current offering period?

 

[wickedone]

Since Cvs stock have been going down, i am thinking about stopping any payroll deduction foe this period?
Anyond has thought about that

No, keep buying. CVS has an extrodinary stock buyback program as well. Earnings are strong too. Yes it may go lower, but you need to look 10-15 years down the line.

 

[JustaDO]

In what world does that make sense? It's cheaper to buy...therefore when it goes back up you'll make more money. Would you rather buy 100 shares at 100/piece or 100 shares at 80/piece? If anything buy more when it is lower. It's not like the company is going belly up tomorrow.

I would say Enron says hello, but well, Enron isn't around anymore.