I Told You So

by PapaScott on 17 April 2007

After we exercised options last week at $46.45, the price of MCD has shot up on better than expected 1Q earnings. Today MCD closed at $48.10. I knew something like that would happen.

If you want to plan to profit from our poor market timing, our next option package is exercisable at the end of May.

{ 5 comments }

Scott April 17, 2007 at 10:50: Oh man, I forgot to tell you. Never trade within 2 weeks of earnings announcements. Usually, it goes the other way. In any case, it’s always a crap shoot — good news can be bad and bad news can be good, and vice versa.

Oh well. So, you would have made another $15 or $20. Better luck next time.
Mike B April 17, 2007 at 11:08: Research indicates that most employees exercise their options too early … whatever that means. You made a profit, no? Could be worse
PapaScott April 17, 2007 at 11:29: If I were seriously upset about the transaction, I wouldn’t be writing about it here.

We calculated our finance plan at $46.00, so we’re quite happy with what we got.
PapaScott April 18, 2007 at 06:47: It’s getting worse. Today’s close was $49.01.
PapaScott April 18, 2007 at 13:36: Then again, with the dollar dropping at the same time, it’s not as bad as it appears.