Dreams for Sale: $46.45

by PapaScott on 10 April 2007

Seeing as we have a need for cash in the next couple of months, MamaMaus exercised some of her stock options last night at $46.45.

Unlike Jim, she doesn’t have to disclose her income or stock transactions. I mention this only as a public service to our readers, since we are notoriously bad at timing stock transactions. Sure, we sold on the day of a 7-year high, but MCD is probably going to take off like a rocket now.

{ 4 comments }

vasili April 10, 2007 at 10:01: you know what they say: «lieber den spatz in der hand als die taube auf dem dach,» so nevermind any rockets.
PapaScott April 10, 2007 at 10:25: A part of our nervousness was because the stock was at $46 in February, then dropped to $43.50 (after the mini-crash in the Chinese stock market). We’re just happy to be back over $46 and wanted to lock that in.

Now that it’s done, that’s one less thing to worry about.
Scott April 10, 2007 at 11:19: Are the tax implictions of exercising stock options as screwed up in Germany as they are in the US?
PapaScott April 10, 2007 at 14:13: @Scott If you mean that the entire difference between the market price and the exercise price is taxable, regardless of whether you keep the stock or sell immediately, then yes.