The activity on this board has certainly halted, but one can understand why. Hopefully, we get some good earnings news soon to create something to be excited about! Otherwise, just be satisfied the divi is safe and sound and we coast on to the end of the year between 29 and 30+. Have a great week end as I am headed to Florida for the week!
DOWN until earnings. That will tell the tale Mean while, just have to settle for the dividend which is at least safe. maybe we see some share price increase next JAN and FEB.
Unfortunately, with few exceptions BDCs not in sync with rest of market today. I guess we have to wait for closer to the September X date before we start seeing any uptick in TICC. Was hoping for some positive news that may give us a lift before late August or early Sept.
I hope the same thing you do for the 32-34 range, but been told we better not hold our breath and simply enjoy the dividends, which I plan to do and have been doing as i have never seen 32+.
No day trading for me either. I have a full time job in other area that keeps me busy. In LNCO for the extra income and obviously peek too much as to the daily stock price. Just keep hoping that one of these days when I peek it could be in the 31+ to 32 range for once.
Yes, 10% is certainly fine and no complaints from that perspective. When I see other stocks/MLPs trading at higher levels and paying less dividends, I certainly am guilty of not appreciating what we have in LNCO. Never hurts to wish for a higher stock value, but I certainly understand your point about the 10%.
What will it take to get this stock to trade consistantly in low 30s? Do not understand why it is not there now. VNR pays less dividend and yet seems to hang out in the low 30s between dividends. Does anyone think there may be a divi increase prior to 2015 or even then(2015)?
Noticed 2 years ago July 26, 2012 TICC announced the September Dividend and it was a .02 increase going from .27 to .29 causing the stock to have about a $ .50 pop(increase) in stock price for a while following the announcement. Any chance now that it is 2 years later and the dividend is still unchanged at .29 that we could have an announcemment in the next 7 to 9 days pulling a repeat of 2 years ago and getting a .01 to .02 increase per quarter? Sure would be nice as well as a surprise that no one is most likely expecting including me. Just a little wishful thinking.
Thanks to some idiots/fools over in UKRAINE killing over 250 innocent people by shooting down the Malaysian Airliner. Awful for those families affected, and has literally nothing to do with the Value on LNCO, but everybody got hurt today because of some stupid/ignorant rebels in UKRAINE.
Someone is having a ball with running this stock up and down and assumingly making some $ while doing it. It seems to be so predictable. Maybe the rest of us should unload the next time they take it to 30.35 and buy it back at 29.80+. What a game? Obviously, the only problem with that is as sure as you sell it, they take it on up to 31.50, then sell it. I guess longs just hold on and collect the nice dividends and the up and downers make their $ the way the do as large buyers & sellers on the daily basis. What makes the world go round. With this type activity, I see no way to ever expect to see 32 to 34 per share price as the day traders want allow it to ever get there. For anyone that ever wants to get out for any reason, looks like mid 30s is you best exit point.
How bout that, we held up for the Close! Get a pay check tomorrow "to boot." All have a nice evening and wish for a fair day tomorrow.
Hope you are right. It would be nice if you are correct only because $30 would probably be a more tolerable BOTTOM to any sort of Trading range.(even though it has no effect on the dividend) It is purely a Mind set issue.
Me too! The sky is falling. What a FIASCO this is. Who in the heck is playing this up and down game on a stock that is a steady income producing stock and not a specklative type security. This thing should be trading more like a BDC instead of some wild swing drug stock. You could understand it if the range was 30+ to 32, but 27 to 31+ range is a little rediculous. Well it is what it is and you would think day traders on this particular stock would get burned more often than not. I guess we can look forward to our dividend(10%) deposit Thursday or after midnight Thursday. Hopefully one day we will all see $32-$33.50 trading range when we get a divi increase and the stock stays at that level more consistantly. I feel this stock is a $34 stock, but realize water seeks its' own level and for now it is trading as a $29-$30 stock and live with the fact that those of you that got into it in the mid $20s got one heck of a good deal and should be smiling all the way to the bank each month.
You are right about that and that is what I plan to do Thursday and have been doing every month for a while. Did not mean to "kick up so much dust", about the value, but it would be nice to see it get back to 32/33 sometimes before it retreats. What fun would it be owning a stock if you cannot #$%$" or compliment it about the value as otherwise there would be no reason for yahoo to offer this posting board. I just hope we all have something to "sing" about sometime during the next 6mos other than the nice dividend. After all, it is nice to make a paper profit every now and then in addition to the paper losses.