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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 12-11-2020, 07:26 PM   #6331
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Not yet, and it's making me nervous. We have to go through our bank and they've told us that they'll be sending out the forms to subsets of companies between October and March. I just want to get it over and done with, but we have to wait until our name is called.
Ugh.

The paperwork is not a big deal. It’s frustrating they won’t just do it. I had the payroll to cover the PPP so it wasn’t a big deal, but even if you had to use other expenses I don’t think it’s a big deal.

It’s also not great if they miss your FYE. Not sure if you’re 12/31 or have some other FYE with a C Corp but you can’t deduct the expenses associated with the forgiven, essentially making it income (they have a specific 1099 for loan forgiveness. I don’t know why they couldn’t do that but that’s just the preparer in me whining). And if things return to a normal level of income, and your income is down this year, it is not great to add income to a year you’ll be paying in a higher tax bracket.

Maybe you should get your beating stick and go to the bank.
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Old 12-13-2020, 07:55 AM   #6332
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Disney powdered the old pimp hand today.
Congrats!

That sucker shot up like a rocket recently. Can't keep Mickey Mouse down for long.
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Old 12-14-2020, 01:08 PM   #6333
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Old 12-14-2020, 02:00 PM   #6334
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Old 12-14-2020, 06:43 PM   #6335
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Old 12-14-2020, 07:55 PM   #6336
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Old 12-15-2020, 08:36 AM   #6337
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So Tesla will be included in the S&P Monday 12/21/20. S&P index funds are required to include TSLA in the portfolio's. I've heard 60 Billion $'s worth need to be purchased.

Are they purchasing shares now, Friday or Next week? Does anybody know how it works??

Tesla to $1000 Friday???
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Old 12-15-2020, 09:57 AM   #6338
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Originally Posted by Hog's Gone Fishin View Post
So Tesla will be included in the S&P Monday 12/21/20. S&P index funds are required to include TSLA in the portfolio's. I've heard 60 Billion $'s worth need to be purchased.

Are they purchasing shares now, Friday or Next week? Does anybody know how it works??

Tesla to $1000 Friday???
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Old 12-15-2020, 01:02 PM   #6339
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I mentioned ENPH about a month ago. Wish I had bought some. I still think it's a good long term investment. They manufacture inverters for solar energy. As I said before I'm sitting on the sidelines until after the election.
I bought a little when you mentioned it and I'm up 43 percent. I would say that you're a genius, but you didn't buy it.
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Old 12-15-2020, 01:04 PM   #6340
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Originally Posted by Hog's Gone Fishin View Post
So Tesla will be included in the S&P Monday 12/21/20. S&P index funds are required to include TSLA in the portfolio's. I've heard 60 Billion $'s worth need to be purchased.

Are they purchasing shares now, Friday or Next week? Does anybody know how it works??

Tesla to $1000 Friday???
I'm optimistic, but I also kind of wonder if the insiders have been buying in preparation for this all year, which would explain the 600 percent runup or whatever it's been. I half-expect to see no big bump.

But then again, I guess the index funds weren't allowed to buy it before now. So I'm completely wrong. Ignore me. I'm just going to roll around in my TSLA year-to-date profits for a while.
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Old 12-15-2020, 01:28 PM   #6341
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I'm optimistic, but I also kind of wonder if the insiders have been buying in preparation for this all year, which would explain the 600 percent runup or whatever it's been. I half-expect to see no big bump.

But then again, I guess the index funds weren't allowed to buy it before now. So I'm completely wrong. Ignore me. I'm just going to roll around in my TSLA year-to-date profits for a while.
I cant decide whether or not to keep holding until the cybertruck comes out. God damn that thing is going to be an event.
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Old 12-15-2020, 01:40 PM   #6342
Hog's Gone Fishin Hog's Gone Fishin is offline
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Found this on Barrons

Shares of Tesla will join the S&P 500 on Dec. 21, and that is when funds indexed to the S&P essentially start buying. That makes this week a big deal for the stock—for two reasons.

https://www.barrons.com/articles/tes...ex-51607957121
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Old 12-16-2020, 08:44 PM   #6343
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Anyone invested in Roku or square? I just bought in. I really like the direction they are headed and think they are great buys at their current price.
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Old 12-16-2020, 09:08 PM   #6344
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Old 12-16-2020, 09:10 PM   #6345
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I bought some Square earlier this year when someone mentioned it in this thread. It's been doing very well.
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