Entellus Medical-ENT?

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Anonymous said:
Hold on for over 12 months and not get the penalty. Should be being vested shares all along.
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Well, that sums up the reason why taking advice from this website is worthless.
You don't get to hold onto them. Once the company is sold, so are your shares. You don't actually currently own them, they are essentially being held for you as a restricted stock until the company sells. Then you get to value of the sold stock, minus the initial purchase price and pay a short gains tax.
The only way around this is to pay cash for the stock and buy it from Entellus at the assumed asking price. Hold on to it for 366 days and sell it after the company sells. But, you usually don't get to keep the stock unless sometimes you're at an executive level. So, if it sells in less than 366 days, you get full value and still pay short gains tax.
So, my advice to you Mad Money, is your advice to me, difference is I know what I'm talking about-- Learn how taxes work. Also, take a few minutes to learn how stock works.
Hopefully you're not one of the 'real talent' reps sticking around.
 



Anonymous said:
Well, that sums up the reason why taking advice from this website is worthless.
You don't get to hold onto them. Once the company is sold, so are your shares. You don't actually currently own them, they are essentially being held for you as a restricted stock until the company sells. Then you get to value of the sold stock, minus the initial purchase price and pay a short gains tax.
The only way around this is to pay cash for the stock and buy it from Entellus at the assumed asking price. Hold on to it for 366 days and sell it after the company sells. But, you usually don't get to keep the stock unless sometimes you're at an executive level. So, if it sells in less than 366 days, you get full value and still pay short gains tax.
So, my advice to you Mad Money, is your advice to me, difference is I know what I'm talking about-- Learn how taxes work. Also, take a few minutes to learn how stock works.
Hopefully you're not one of the 'real talent' reps sticking around.
Click to expand...

Do me a favor and punch yourself in the eye.
 



Anonymous said:
Well, that sums up the reason why taking advice from this website is worthless.
You don't get to hold onto them. Once the company is sold, so are your shares. You don't actually currently own them, they are essentially being held for you as a restricted stock until the company sells. Then you get to value of the sold stock, minus the initial purchase price and pay a short gains tax.
The only way around this is to pay cash for the stock and buy it from Entellus at the assumed asking price. Hold on to it for 366 days and sell it after the company sells. But, you usually don't get to keep the stock unless sometimes you're at an executive level. So, if it sells in less than 366 days, you get full value and still pay short gains tax.
So, my advice to you Mad Money, is your advice to me, difference is I know whaslt I'm talking about-- Learn how taxes work. Also, take a few minutes to learn how stock works.
Hopefully you're not one of the 'real talent' reps sticking around.
Click to expand...

Is Entellus being bought?
 









Anonymous said:
Just out of curiosity, what are those shares worth? 100,000 shares worth an estimated (again, this is an arbitrary number I'm making up here), $.20 each wouldn't be anywhere near enough to keep me there, fully vested or not. Also, keep in mind you'll have to purchase those shares at whatever price they were estimated at when given to you. So, that $20,000 is now down to around $14,000.
If the 'real talent' is sticking around for anything less than $200,000 in stock (which after subtracting initial price and 38% short term tax penalty is around $100k), then I'd say they aren't real talent. They could make that up easily in commissions somewhere else.
And, you're assuming Entellus is going to be bought out or go public. Highly dubious on both counts.
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This is totally spot on and in lockstep with the talent that left. It's so accurate that this post may be deleted just like the other posts.
 






























Interesting conversation. Who knows if we will get acquired but its probably better to be on our own. Another data point can come from searching for "is there real talent left at entellus" and its the top hit.
 












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