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Eastwood

Certifiably Surly
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Everything posted by Eastwood

  1. Unfortunately, no. Didn't know that was an option. Tried through my bank, RBFCU, but got absolutely left in the dark by them for over a week until it was too late. IBC actually ended up helping me in the end, but that was Wednesday when the funds ran out. Damn shame because I liked RBFCU, but couldn't get a single response back from them. Within 10 minutes of calling IBC, I was on the phone with VP of commercial lending. Guess I'm moving my business over.
  2. No, I didn't get in, but I did get through the application process. I'm a single member LLC and pay my personal account from the business account after expenses, so it is insanely easy to show salary. Speaking of, if any of you self-employed folks need help creating an entity, I fully recommend Full Skope, LLC. A Surly member is a part of that and it was a smooth process.
  3. Brew's experience was the same as mine. Just asked for Schedule C and nothing more.
  4. It's being called a treatment instead of a cure. I'll buy some calls at the open tomorrow and ride the wave a little, but the moment a hint of bad news about the controlled study breaks...
  5. Yup. Status Not Available. Read this morning that it may have to do with recently filed taxes. I filed my 2019 last week, so I'm assuming that is the issue for me.
  6. I gotta be honest, "two tugs of a dead dog's dick" is a new one for me. I'm stealing it.
  7. The geologists and PEs will most likely correct me, but isn't there a risk of damaging the reserves if too many wells in the region shut in? I know stopping the flow of a well too much or producing too much can both damage the reserves. Any new production coming online this year probably needs to pump.
  8. https://www.cnbc.com/2020/04/15/small-business-rescue-loans-top-296-billion-rapidly-nearing-the-programs-funding-limit.html Welp, so much for that. Big shout out to RBFCU for closing me out of the process before I could even apply. You lost my business for that when we get on the other side of this. A sincere thank you to those in here who pointed me in directions that could possibly help.
  9. According to the IRS portal "Status Not Available." Between this and the independent contractor portion of the PPP fiasco, I'm just hitting on all cylinders with this crisis.
  10. I was in HEB in north central San Antonio a couple of days ago. A large chunk of the people were masked, gloved, or both but there was one lady wit her younger daughter, probably around 10, and it looked like they were getting a big laugh at any person wearing gear. Snickering, eye rolling, etc. People like that is why we have to do mandatory lock downs. I had read an article that 81% of South Korea's cases were from one person during the early stages not isolating after diagnosis. Literally all it takes is one idiot.
  11. Hang in there. We've been here before back in 2016.
  12. Independent contractors weren't eligible for the PPP loan until Friday, just in time for most lenders to close their application process. I'm now on the outside looking in. My bank's website reminds me that there are plenty of other banks offering the loan, which feels like a slap in the face because none of them are lending to people who don't have a business account with them. Waiting to hear back on when they'll open the application process back up, but it's starting to look like the path of least resistance is finding a bank that is still taking applications and just switch over to them.
  13. Anywhere with at least one tree, one picnic bench, and one of those box grills on a post.
  14. In San Antonio, the cops had to keep breaking up large groups in the parks, including birthdays. With Easter coming up, they essentially said, "parks are closed, we can't trust you."
  15. From 12% gain to 9% loss in a matter of hours. Amazing.
  16. It's anger from the market not reflecting the reality of the situation due to people giving too much weight to the stimulus. It will amplify future losses when the other shoe drops and the market realizes how bad the economy is in late May. Basically, instead of finding bottom naturally, the bottom has been delayed and will now possibly be even deeper. But yes, some short sellers are mad because their puts didn't pay off. But others are mad for macroeconomic reasons.
  17. Looks like they held out just long enough to cost me my job. That was nice of them.
  18. Doing cuts after that temper tantrum makes them look like clowns. Will be surprised if it holds.
  19. WTF just happened? WTI jumps 8% immediately and USO just got halted.
  20. The way everything is working, right now, it could have gone horribly and we'd see another 10% gained on Monday. Or it could have gone amazingly and oil drops into the teens.
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