Who me? I probably haven't even made 150 trades in a single year. Only 128 last year. And probably no more than 15 trades in any one stock and that was KOG before it got merged with WLL. I bailed before that. A friend didn't and he's holding the bag right now. He doesn't trade on line and doesn't want a computer. Hates to sell because of the huge commissions.
I don't even consider the X/D unless I have a stock on my watch list. And I sure don't count it into the selling price of a stock - because it ain't there!! And I sometimes lose on a stock but if it isn't making me money I sell, take my lumps in small doses and buy something I think I can make money on. Right now I have a loss on KCAP. The only stock in my portfolio or the wife's IRA with a loss. But the loss is less than 1/2 of a years dividend and I'm comfortable with that - for now. And I just took a loss on BABA and sold it. But that was my second trade in it and I made money the first time. More than I lost this time.
And you are using 'smoke and mirrors' to support a position which is incorrect. I deal in the PRICE of stocks. Not the price plus a dividend.
KCAP down today .05
PSEC down today .09.
So, in your twisted way of thinking, it didn't go down, because the dividend was .09?
Funny that NASDAQ doesn't see it that way.
I'm sitting on more cash right now than we have in quite a while. Took profits and nothing really excites me right now at the current prices. Did buy, so far this year, AAPL. CBRL, CY and MO. AAPL and CBRL have done me proud. MO is its usual plodding along with a gain and CY is flat, with a very small gain. AAPL and CBRL were repurchases from taking profits. So far so good. No PSEC in my future anytime soon. I just can't find a reason to buy this over adding to my KCAP. Been following this for years and there are better, more reliable trades to be made.
Give it time. It will drop. It always does. 65% loss over the last 10 years, in share price. But that doesn't count according to the longs.
Say what? KCAP closed down .05. PSEC closed down .10.
Today, right now, as I'm packing for a cruise, KCAP is up .06 and PSEC is down .06.
Have no fear I will be back in 10 days. Might have time enough tonite to view the market again.
If you have 13,000 shares now, then you had 26,000 shares last October when they did a REVERSE SPLIT of 1:2. Or don't you know that? The cost basis of your stock doubled at that time raising the initial split price substantially.
Opened at over $10.00 a share when you take into consideration the 1:2 reverse stock split in Oct. 2014. It didn't really go from $6.00 to $14.00. Might want to check on that.
You did not mention that NRZ had a REVERSE SPLIT and that $6.00 a share price when they went public is actually a $10.00+ cost basis now.
If it's any consolation KCAP is down today too. Almost a full .02. On the bright side, CBRL is up over $15.00 a share the last 2 days.
My mistake. Got back in at $134.34. Got AAPL at $118.6399. But I only bought back 1/3 of what I sold. Sure wish I had more.
So? Bought at $97.50, sold at $139.00 and bought back at $118.6399. Invested the profits in AAPL at $118.00 and CY at $14.68 and MO at $54.34.
OUCH. You could have bought at $6.67. Today it's trading at $7.57, but if you're not interested in ROI I understand. After all that's only a 13.39% gain in a month.