I'm gonna make $100,000 for doing nothing

[gravenewworld]

I'm going to make $100,000 for doing nothing!

so i just got offered a job at my company where i have been an intern at for the past 2 years. with the offer comes 3500 shares of company stock. right now the stock is at $20 a share, however, when the FDA approves our drug in November (we are 95% sure it will get through), our stock is projected to go up to $60. I got in at just the right time. Oh man i am going to be the only 23 year old that I know that has a new house completely paid off--with cash!

 

[scott1]

wow that's alot.

Stock is dangeous but someitmes starnge.
Me and my great grandfather invested in a company that went out bussiness the next month. A year later My great grandfather told me it went it up. He said when it hits a 1$(or maybe $5) he's going to give 5,000

 

[-Job-]

I'm sure you've earned that money one way or another, or so i'd like to think. Some suffering in the past perhaps, there must be something.

 

[Evo]

so i just got offered a job at my company where i have been an intern at for the past 2 years. with the offer comes 3500 shares of company stock. right now the stock is at $20 a share, however, when the FDA approves our drug in November (we are 95% sure it will get through), our stock is projected to go up to $60. I got in at just the right time. Oh man i am going to be the only 23 year old that I know that has a new house completely paid off--with cash!

Are these actually shares of stock, or stock options, which you have a guaranteed price to buy, but you have to wait (usually 5 years) for them to vest?

I was going to be able to put the evo child through school too, with 27,000 stock options AT&T gave me, then the stock dropped and I could never excersize the options.

 

[Cyrus]

[whisper] be irresponsible and buy a ferrari [/whisper]

 

[heartless]

my grandma got into stock market about 10 years ago, hoping to become a millionaire, today, from whole 5000, she's got 2500 still with chances to be as rich as Billo Gates.

 

[gravenewworld]

Are these actually shares of stock, or stock options, which you have a guaranteed price to buy, but you have to wait (usually 5 years) for them to vest?

I was going to be able to put the evo child through school too, with 27,000 stock options AT&T gave me, then the stock dropped and I could never excersize the options.

it is stock

 

[Evo]

it is stock

Then cash it in the minute it hits the rate you're expecting.

 

[Pengwuino]

however, when the FDA approves our drug in November (we are 95% sure it will get through), our stock is projected to go up to $60.

Sounds like a good sales pitch

 

[Evo]

Sounds like a good sales pitch

The good thing is that it's not costing him anything and he only stands to profit if the predictions come true. He's not being asked to buy stock. I've known people to make huge amounts of money on offers like this.

gravenewworld, you have to promise to buy me a dark chocolate bar of at least 12 oz if this happens because I believed you.

 

[Cyrus]

[whisper]motorcycle, ferrari, corvette, porsche, ferrari [/whisper]

 

[Danger]

[whisper]motorcycle, ferrari, corvette, porsche, ferrari [/whisper]

[whisper]ROADRUNNER REBUILD FUND[/whisper]

 

[berkeman]

I'm going to make $100,000 for doing nothing!

That's kind of unfortunate, graven. Speaking as someone who has worked in Silicon Valley real hard at a startup and done pretty well (not quite enough to retire on, but enough for the family to be comfortable on and to put the kids through whatever schools they are up for), you should not brag at doing nothing and getting good stock option offerings. The whole stock offering for extraordinary performance thing is in jeapordy at the moment thanks to shortsighted legislation, and your post doesn't help at all. Hopefully you are a hotshot who was hired at a startup based on your extraordinary future promise, and not a freeloader who got in lucky because of a relative or something. I know we have very high hiring standards in our R&D Lab, even though we are a few years past our startup phase...

 

[Teecher]

so i just got offered a job at my company where i have been an intern at for the past 2 years. with the offer comes 3500 shares of company stock. right now the stock is at $20 a share, however, when the FDA approves our drug in November (we are 95% sure it will get through), our stock is projected to go up to $60. I got in at just the right time.

Yeah, a similar thing happened with my wife. About a year after we started dating, she scored a really high-paying job and now I'm on easy street (left off of Monroe). The best part is that the money keeps coming. I haven't had to work a day all weekend.

 

[J77]

Lend us a fiver :tongue:

Congrats on your windfall!

Of course, when I won the lottery it didn't change my life...




...Much!

 

[Astronuc]

Oh man i am going to be the only 23 year old that I know that has a new house completely paid off--with cash!

Watch out for capital gains tax! That could take a bite out of that cash. In my area of the country, houses cost way more than $100K.

 

[FredGarvin]

The best laid plans of mice and men...

Good luck with your free money.

 

[Chi Meson]

Watch out for capital gains tax! That could take a bite out of that cash. In my area of the country, houses cost way more than $100K.

I was just going to say...
"what a dinky house!" or something

 

[Ronnin]

You may want to think about closing you position in the near future, the market is due for a real shakeout in the next quarter.

 

[blue636]

I'm also getting $100,000... but it's not for "nothing." I literally had blood, sweat, and tears (not to mention a lot of broken bones) for this one.

Anyway, congrats. :)

 

[brewnog]

Good luck! Don't lose sight of the fact that you getting the money is based on a pretty big "if". Don't spend it before you've got it.

 

[Evo]

You speak for everyone, do you, buddy?

Ideologue, you're on the wrong forum to be discussing this.

No one on Earth is more sensitive to the suffering of animals than I am, and although I wish there was an alternative, there is not.

Also, you have seriously derailed this thread, so I have to warn you...no more posts about this in this thread. I am deleting the off topic posts.

If you want to start a thread about animal testing, you may, but you must cite valid articles, not emotional, unscientific facts.

 

[Ideologue]

Ideologue, you're on the wrong forum to be discussing this.

No one on Earth is more sensitive to the suffering of animals than I am, and although I wish there was an alternative, there is not.

Also, you have seriously derailed this thread, so I have to warn you...no more posts about this in this thread. I am deleting the off topic posts.

I posted that last message before I read your post.

But I disagree. What I post is very much on-topic, and is mostly in response to what others have directed at me.

Edit: There are plenty of scientific facts, and articles, within the links I posted. They back up my claims that the animal testing industry is nothing but a sinister affair and bad science.

What I posted is a brief summary of facts. I am not led by emotion, unlike, as it would seem, many of the posters that responded to me are.

 

[Pengwuino]

I just realized.. you'll probably make about $30k. I wouldn't expect the stock to go up to half of what they're saying and capital gains will take a good 30-40% away.

Oh and deduct 10% for the friends tax. For those of you who don't know, its the tax brought upon by the new friends you'll all of a sudden have that forgot about you years ago.

 

[loseyourname]

so i just got offered a job at my company where i have been an intern at for the past 2 years. with the offer comes 3500 shares of company stock. right now the stock is at $20 a share, however, when the FDA approves our drug in November (we are 95% sure it will get through), our stock is projected to go up to $60. I got in at just the right time. Oh man i am going to be the only 23 year old that I know that has a new house completely paid off--with cash!

You mind giving us the exchange and symbol for this stock so we can share in the profits?

Then again, how much do I trust you to be taking stock advice from you. I'll eventually have plenty of money if I just wait long enough.

 

[Cyrus]

TGTBT selling at $20.5 a share right now.

 

[gravenewworld]

You mind giving us the exchange and symbol for this stock so we can share in the profits?

Then again, how much do I trust you to be taking stock advice from you. I'll eventually have plenty of money if I just wait long enough.

people get in trouble for that kind of stuff. I'm pretty sure everything I've told you is public knowlege, but just to be safe i won't tell you where i work.

 

[FredGarvin]

There are two, scientifically proven sources that one should NEVER get stock advice from:

1) Your friends
2) Your broker