kevin ,Don't be so greedy. Jut take these small profits and wait for the next Donkenmedation to make another profit
I read somewhere that the directors own a big chunk of shres with a long lockup period. If hat is true it is good news. So they will be motivated to keep the company performing
ARCP. We know about its troubles and suspended dividend. Now announced switching its common and preferred to NYSE. Is expected to announce new dividned policy in August.
Its clear you are mixed up. If the Donk got a quarterly report mailed in July of 2014, then another in July of 2015--well that is a year later. So that must mean it is an annual-quarterly report.
I guess YOU do not understand that not everyone has the same investment goals. Most people who purchase high dividend paying stocks , buy it for the high dividends-hello-.
They are not active traders, and don't care to make more money than you. Price only matters on day you buy and day you sell.
To answer some of your recent questions. Yes the price has suffered, as has other BDCs lately. Especially those with energy exposure. But if its these holdings were valued at zero value, which isn't the case (yet?). And 'how can you have gains when the price is lower?' Well obviously you cannot. PNNT is one of largest positions, and one of the best FOR ME. How can that be? well I am investing for income. Since it began it has always paid a high dividend, and never decreased it, even in the downturn. One of the few BDCs that can say that. Thru the years I reinvested the dividends. Now retired I get a GREAT income stream from it. Not worried about the price fluctuations, because I am just a holder. At this level I think you would see some gains in the future, but if capital gains is your goal, you would do better elsewhere. You should be investing in BDCs for income, not capital gain. So don't be knocking this company if you invested in the wrong place.
You may be right. There are selling opportunities also. Any companies that Donk mentions as buys are good to sell.