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Hi Fools,

My company offers ESPP where:

1. Periodic deductions from paycheck for 3 months.

2. At the end of the quarter, the money contributed is used to buy company stock at 15% discount and at the lower stock price of either first/last trading day of the quarter.

3. These shares are usually bought on the last trading day. As they become available in your account (usually the same day), we are eligible to sell them right away at market price.

If I participate in the plan, and SELL all my shares at the end of each trading quarter, I stand to gain AT LEAST 15% gross in 3 months!!! Do that for a year, and I have a tidy profit of 60% return in a year.

I do not see any flaws in this, except maybe unethical? Any comments?

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