Beware of Seekigng Alpha Comments that may mislead you. The writers are strong on power point and graphics presentations. Projecting returns is a game anyone can play. HRZN is now oversold and Seeking Alpha projections project it running into the ground. However, short covering and buyers might drive the stock up. If the Seeking Alpha methods were done over projections might in the future show projected gains. I enjoy the steady dividend that supports the stock price.
Some investors seem to forget that SA is only really a message board, similar to this forum. Some of the stories there are truly simplistic, while others are very informative. They also allow some "short attack" type postings that are full of unsubstantiated half truths(full of words like could, might, and unnamed informants) that can be very damaging to companies. Have had to deal with that recently with a biotech holding .......AVNR.
HRZN has better dividend coverage (by earnings) than several other BDCs that are selling at premiums to NAV. I'll stick with HRZN and take those monthly divs.
I remember a Seeking Alpha article from a few years ago that expected Alaska Airline stock to go to $3 so it would be a good short. The stock at the time was in the 60's and since I'm in the airline biz I new how ridiculous this was.
Since that article the stock split and then more than doubled.