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
Beefstu why don't you stop stalking Jade around the boards?
You never post anything but screeds against Jade who happens to actually post useful information about equities - sure he may not make all the calls correctly, but it is hard to imagine you are any better than a broken clock.
HTGC is a strong buy at this level. The earnings were outstanding with double what they need to pay the dividend in a terrible environment.
I am average din the 7's but for anyone looking for a bargain at even close to normal prices, this is a steal.
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.