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Hercules Technology Growth Capital, Inc. Message Board

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  • b_hesford2000 b_hesford2000 Jul 17, 2009 12:21 PM Flag

    wow...took some profits

    I'll take my chances. I didn't buy HTGC for a trade but 22% in 3 weeks...I'll wait for a pullback and if none comes...oh well.

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    • I took some profits in ARCC at 5.89 thinking it would pull back so I could buy cheaper ... Wow was that a bad prediction! As to HTGC, I'm not trading it, but am still very surprised it didn't pull back to the 7.25 area where I would have added more. I think HTGC is currently overbought and likely to pull back some, but it has shown a lot of strength and absent an S&P meltdown, IMO HTGC pull backs are going to be modest. With MMF's paying .5%, there are too many divi chasers looking at HTGC's 12% yield.

12.77+0.07(+0.55%)May 22 4:02 PMEDT