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Full Circle Capital Corporation Message Board

  • barry_obummer barry_obummer Feb 12, 2013 2:46 PM Flag

    Why I sold FULL today?

    I have owned small position since May 2011. I liked the monthly dividend. But I think over time FULL only goes lower. Why?
    FULL missed earnings. Condition is deteriorating. Cannot maintain current dividends. So dividend cut is inevitable. When that happens, price will fall further. There may be a scamble to get out the door with low float. I do not want to get caught in the stampede. I found better stocks for my portfolio. For me, time to move on, so I sold for a small loss.

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