(1) If all the UPS Teamsters sold their stock, it wouldn't make any difference at all. (2) Most UPS stock is held by Management, not the hourlies. There was a time when we didn't have that option. I have some in my IRA, but I am also invested in Mutual Funds, Money Market, 401K, and a little real estate. (3) Diversify, never put all your eggs in one basket.
First statement is true (teamsters hold very little stock of all outstanding stock):
From Yahoo Finance:
BREAKDOWN
% of Shares Held by All Insider and 5% Owners: 1%
% of Shares Held by Institutional & Mutual Fund Owners: 41%
% of Float Held by Institutional & Mutual Fund Owners: 41%
Number of Institutions Holding Shares: 778
MAJOR DIRECT HOLDERS (FORMS 3 & 4)
HolderSharesReported
SOUPATA LEA N 233,574 4-Jan-06
ESKEW MICHAEL L 195,265 26-Apr-06
BEYSTEHNER JOHN J 123,141 31-Mar-06
DAVIS D SCOTT 91,387 4-Jan-06
BARNES DAVID A 85,787 21-Apr-06
(Most shares (%) are now held by institutions (Mutual funds, etc.) Second, I'm sure, is current and retired management. Though I could find no direct statistics, other than the first breakdown above, to bear this out.)
Second ststement is probably false (see above)
Third statement is open to arguement:
I always quote Andrew Carnegie who said: "Concentrate your energies, your thoughts and your capital. The wise man puts all his eggs in one basket and watches the basket."