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Hercules Capital, Inc. Message Board

  • jadelover8888 jadelover8888 Jan 28, 2011 3:39 PM Flag

    HTGC is a BUY at 10.53!!


    For no reason except may be what is going on in Egypt, HTGC dropped 2.77% today from yesterday's close to the current 10.53. This BDC is on solid ground and it just realized Q1 Gain Of Approximately $8.0-$8.5 M From The Sale Of Portfolio Co InfoLogix. Its ex-dividend date is fast approaching (early Feb) and its 20 cents dividend seems to be safe with a possibility of raising its dividend later this year, IMO. Therefore, I see it jumps back up to $ 10.83 or higher by first two weeks of February unless something major happens to the market. I bought some today. J

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    • My brother Jade bought at $10.53. How's that trade going?

      Bookmark this page as well.


    • Poor Jade can't seem to get anything right.

      My suggestion is that he steers away from BDC's and maybe into something he knows more about. Just now sure what that might be. I wonder if there is money in being a laughing stock?

    • blair.wagner Mar 1, 2011 7:47 PM Flag

      Shares of Hercules Technlgy Growth (NASDAQ: HTGC - News), which yields 7.2% based on past distributions, are also down 2% after the company said it has closed $42 million in new loan commitments to portfolio companies last month. Separately, The sale of its Infologix business to Stanley Black & Decker (NYSE: SWK - News) helped generate a gain of $8-$8.5 million for Hercules, the largest in the company's history. The company also completed an IPO for Pacira Pharmaceuticals (NASDAQ: PCRX - News).

      This is just a bad time to have
      good news on any company.

12.41+0.02(+0.16%)May 27 4:02 PMEDT