....Would like to thank Alpha and Wells Fargo for the opportunity to buy 21k TICC this morning at a discount to NAV! No doubt Alpha and Wells picked up a bunch of those shares that they downgraded to sell! Unfortunately some share holders read the take on Alpha article to actually believe the writer and sold at a loss. If TICC needs to cut the dividend by a couple pennies it is still a 11% income vehicle.
.....The SPO monies have not been deployed yet so more income should be generated. Tha Alpha article mentioned huge SPO's recently, I would question the word "huge" compared to PSEC as an example. The writer was misinformed or misunderstood the nature of BDC's. With economy showing wheels I am looking forward to the dividends but also capital appreciation. Was not long ago it was $10.70, will be there again not too far away, despite Alpha and Wells.