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TICC Capital Corp. Message Board

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  • yando1946 yando1946 Mar 14, 2008 6:20 PM Flag

    Earnings OK and people sell?

    I bought this fairly recently at around $10 and will hold on now--nervously--but earnings aren't that OK. Earnings are below the dividend level and also below their projections. With the economy in the tank tha probably means a dividend cut is in store.

    I am just writing this to vent that I am not real happy with my purchase (certainly this board is so lightly posted on that pumping or trashing is totally irrelevant to the price). I am hoping for a return to purchase price but also wouldnt be surprised to see this keep going down for a while.

    I sure would not recommend a buy unless you are a river boat gambler. Possible big payoff and a possible big loss.

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