So i always believed that i should be proud of the company i work for and they have treated me very well and have paid me very well for the last 14 years.. They have gone above and beyond and did some quit impressive things during rough times for my family and me.... Now, im about to get an early out package which makes some of my stock options mature and i have the ability to sell them, and the stock i had prior... However, the company is in the dumps right now due to covid and since they are and Oil and Gas company, there is a big transition going on in the world and who knows if the stock will ever go back up.
So im curious when people GET OUT!!!!!!!!!! of there company stock.
I dont include much thought on the options and such that will mature, as that to me is just a bonus....
The current stock i have, which is 1.89% of my portfolio is depressing lol.... I have aprox $32000 value that had a cost basis of $54000..... 55 % decline this year, but will it go up and stay there forever...
Since im leaving the company and will move my entire portfolio in my 401k from Fidelity to Vanguard, as well as my pension which is held through fidelity as well.... Half of me wants to keep my company stock and hope it goes up next year, b ut the other have of me says just sell it and cut ties....
Thoughts? Opinions?
Tex