Thread: Stock options
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Old 05-22-2008, 10:45 AM   #1
stang
CP's Fraser Crane
 
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Join Date: Jan 2007
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Default Stock options

My compny gives out hire on stock options. But they vest over a 5 year period. Right now For some reason the stock price are up pretty high. Having been with the company 2.5 years I could only potentially sell 40% of my stock options. If I sold my SO right now I could make 20-25K (which would be awesome as I am in the process of building a new house, and am seing my credit card bill keep going higher)

However I guess the potential is that these stocks just keep going up over the next 3 years, and I could be sitting with way more then I could sell for now. Especially since we have our Oilsands project scheduled to come online in August fo this year. (I work for CNRL, stock quote CNQ)

So what does CP recommend? I am kind of leaning towards the sell some now while high, but since I have to leave some in they can sit for 3 years. At least I will be feeling better about our house situation NOW and I will still retain 60% of the SO for if something crazy DOES happen.. (like a split or prices continue to skyrocket)
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