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BlackRock Capital Investment Co Message Board

  • dixie.redhatter dixie.redhatter Apr 12, 2013 5:00 PM Flag

    Anyone noticed what's going on here ?

    Anyone noticed the insider selloffs in this comapny. Something is big time wrong, and scarry. I wish I had sold when I first saw the writing on the wall.

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    • nothing wrong or scary, nor are insiders selling. The virginia retirement system is selling off part of their stake, and because they own 10% of the outstanding shares, they have to report all trades. Virginia retirement system is probably broke like most of the states pension funds and needs the cash. You should only hold this stock for the dividend, which is only going higher on a percentage basis. I will be making a second half position puchase shortly, hopefully very close to $9.

      Sentiment: Strong Buy

7.88-0.29(-3.55%)May 3 4:00 PMEDT