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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
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Old 12-10-2020, 02:49 PM   #6376
Buehler445 Buehler445 is offline
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Wall Street Begins Trading Water Futures as a Commodity
Yeah, I heard that earlier in the week. Is Wall Street doing it or CME?
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Old 12-10-2020, 02:51 PM   #6377
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Wall Street Begins Trading Water Futures as a Commodity
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Old 12-10-2020, 07:11 PM   #6378
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Wall Street Begins Trading Water Futures as a Commodity
Buying 4 more cases at walmart tomorrow
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Old 12-10-2020, 08:30 PM   #6379
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Buying 4 more cases at walmart tomorrow
Smart. TA indicates water consumption expands up to 67% from previous 5 day moving averages, which includes Friday daytime, 67% of the time.
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Old 12-10-2020, 09:18 PM   #6380
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I'm shorting water. It's supposed to snow tomorrow, so supply will be high.
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Old 12-10-2020, 09:23 PM   #6381
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I'm shorting water. It's supposed to snow tomorrow, so supply will be high.
How do I invest in you, Rain Man?
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Old 12-10-2020, 10:22 PM   #6382
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How do I invest in you, Rain Man?
I'm part of a multinational conglomerate that includes Snowman, Iceman, and the Canadian microcap Hoser.
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Old 12-11-2020, 04:45 PM   #6383
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Rain Man and I could be very happy next Friday when Tesla officially joins the S&P.

Quote:
Silverblatt said Tesla could be similar to the experience with Yahoo, when it was added. It was not a member of an S&P small or midcap index, and there was a lot of buying interest by institutions. Yahoo stock rose 50% between the announcement and its entry into the index, he said.
Funds managers that must buy the index will try to buy Tesla as near the Dec. 18 closing price as possible. "It's probably going to be one of the biggest market on close buy orders of all time," said Boockvar.
https://apple.news/AMERl4MQoSsOOoqjdhrm9Kw
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Old 12-11-2020, 04:54 PM   #6384
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Rain Man and I could be very happy next Friday when Tesla officially joins the S&P.



https://apple.news/AMERl4MQoSsOOoqjdhrm9Kw

Oh, man. I don't want to be greedy, but come to papa.

I've actually been wondering if I should sell some to lock in the profit. It's been my second-greatest thing about 2020 after the Super Bowl. (Edit: third-greatest as long as I don't have to pay back my PPP money.)
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Old 12-11-2020, 06:29 PM   #6385
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Oh, man. I don't want to be greedy, but come to papa.

I've actually been wondering if I should sell some to lock in the profit. It's been my second-greatest thing about 2020 after the Super Bowl. (Edit: third-greatest as long as I don't have to pay back my PPP money.)
You haven’t done the forgiveness paperwork yet?
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Old 12-11-2020, 06:29 PM   #6386
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Old 12-11-2020, 07:06 PM   #6387
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You haven’t done the forgiveness paperwork yet?
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.
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Old 12-11-2020, 07:26 PM   #6388
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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   #6389
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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   #6390
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