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

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Discussion Overview

The discussion revolves around a participant's announcement of receiving a job offer that includes stock options, with expectations of significant financial gain if the company's drug receives FDA approval. The conversation touches on themes of stock market investments, personal financial experiences, and the implications of potential earnings.

Discussion Character

  • Exploratory
  • Debate/contested
  • Personal anecdotes

Main Points Raised

  • One participant expresses excitement about receiving a job offer with 3,500 shares of stock, projecting a potential increase in value from $20 to $60 per share upon FDA approval.
  • Another participant shares a cautionary perspective on stock investments, recalling a personal experience of a failed investment with a family member.
  • Some participants question whether the offered shares are actual stock or stock options, highlighting the difference in financial implications.
  • Concerns are raised about capital gains tax potentially affecting the expected earnings from the stock sale.
  • Several participants share personal anecdotes about financial windfalls and the unpredictability of stock market outcomes.
  • One participant warns about the volatility of the market and suggests caution in making financial plans based on projected stock prices.
  • A later reply critiques the celebratory tone of the original post, suggesting that the ease of obtaining stock options may undermine the hard work typically associated with such financial gains.
  • Another participant humorously mentions the "friends tax," referring to the influx of new acquaintances that may arise from sudden wealth.

Areas of Agreement / Disagreement

The discussion contains multiple competing views regarding the nature of stock investments, the implications of potential earnings, and the personal experiences shared. There is no consensus on the reliability of the stock projections or the appropriateness of the celebratory tone regarding the job offer.

Contextual Notes

Participants express varying degrees of skepticism about the projected stock price increase and the overall reliability of stock market predictions. Some mention personal experiences that highlight the risks involved in stock investments.

Who May Find This Useful

Individuals interested in stock market dynamics, personal finance, and the implications of employment offers that include stock options may find this discussion relevant.

gravenewworld
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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!:biggrin: :biggrin:
 
Physics news on Phys.org
wow that's a lot.

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
 
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.
 
gravenewworld said:
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!:biggrin: :biggrin:
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 exercise the options.
 
[whisper] be irresponsible and buy a ferrari [/whisper]
 
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.
 
Evo said:
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 exercise the options.


it is stock
 
gravenewworld said:
it is stock
Then cash it in the minute it hits the rate you're expecting.
 
gravenewworld said:
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
 
  • #10
Pengwuino said:
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. :smile:
 
  • #11
[whisper]motorcycle, ferrari, corvette, porsche, ferrari [/whisper]
 
  • #12
cyrusabdollahi said:
[whisper]motorcycle, ferrari, corvette, porsche, ferrari [/whisper]
[whisper]ROADRUNNER REBUILD FUND[/whisper]
 
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  • #13
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...
 
  • #14
gravenewworld said:
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.
 
  • #15
Lend us a fiver :-p

Congrats on your windfall!

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




...Much! :biggrin:
 
  • #16
gravenewworld said:
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.
 
  • #17
The best laid plans of mice and men...

Good luck with your free money.
 
  • #18
Astronuc said:
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:biggrin:
 
  • #19
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.
 
  • #20
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. :)
 
  • #21
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.
 
  • #22
Ideologue said:
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.
 
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  • #23
Evo said:
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.
 
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  • #24
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.
 
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  • #25
gravenewworld said:
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!:biggrin: :biggrin:

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.
 
  • #26
TGTBT selling at $20.5 a share right now.
 
  • #27
loseyourname said:
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 knowledge, but just to be safe i won't tell you where i work.
 
  • #28
There are two, scientifically proven sources that one should NEVER get stock advice from:

1) Your friends
2) Your broker
 

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