These articles are a bit loaded... they speak of GROWTH, not activity. as long as loans continue to get ORIGINATED, there is profit to be made. The same house can sell over and over, and that is no real growth to the market, but there's been multiple loans made that have turned their most profit (first payments are nearly all interest).
Interest rates aren't going anywhere fast any time soon. The fed ending buys later this year is really the only indicator we have to go on, and even then, i don't think we'll see more than a few points bump in rates.
Short term (1-4 years) this may be rocky as old low interest rates try to make a profit in the era of higher rates to come. But once those higher rates start bringing in money, everything will be good again. I don't expect to keep the 20% div, but i don't think it goes below 15% either. And that makes it still one of the best cash cows on the market today.
$20-21s are a strong buy for me. I'm planning to hold/accumulate this guy till I die, or something else better comes along. A few thousand shares nets a pretty nice monthly and bonus quarterly income steam. Buy 100 shares a year for the next 20 years.... easily doable by most normal folks in their 30s (like me). given last payday of about $1 per share, x4 times a year for the big ones, $4 per share X 20,000 shares would bring in about $80 grand a year WITHOUT depleting the source investment or accounting for the other 9 smaller div pay days throughout the year. At today's dollar, that's livable income after 30% gone most places. Of course, this assumes payouts stay around 20%
And that's before you factor in all your other investments (putting 100% in anything is stupid).
So, yeah, that's my goal. 100 shares a year for the next 20 years. I'm DRIPing and accumulating a few blocks here and there when they go on sale.
I also have my work 401k that i dump 10% with match into. And I of course also have 15 other holdings that I juggle
Sentiment: Strong Buy
any buy here right now is surely a bad idea. Too many people are going to be looking to take profit, not really caring about the fundamentals so long as it flat lines or trickels down. Wait it out, even if it goes up. because there's really no were else for it to go up. It's priced in ALL the potential already... it only really has a place to fall, not gain much more. I don't hold. I wish i did 4 days ago. If i did own before, i'd sell half and play with it elsewhere. I would not buy more at this level.
congrats. saw the news on triple, figured it was a $5 stock. NOPE! holy #$%$. wish i had heard of this guy last week.
GE already has nearly twice the dividend of all its peers. 3.3% vs 1.5% for most other companies in similar ventures and cap size. I think this is still a solid hold mixed play.
If you need the money within 18 months, I personally would not be playing in anything high risk (reit's) or leveraged. Perhaps, less than 20% of my total portflio at that point would be in anything other than solid blue chips, bonds, etc.
Is it? I think it's expected. As yellen keeps talking about interest rates going up, it hurts short term performance. LONG term, though, they will be profitable again at higher rates once they start coming in for sales that way too.
IMO, if you're 10+ years out from needing this money, I can think of exactly 0 better places to be for dividend income.
Don't think of it as a drop-- think of it as it's on sale.
I have a few lots in the 11s too. I'm relatively even at this point in the holding... But i've earned several thousand in dividends and started drip'ing last year and have increased my holding to the point where I just don't care what I paid for it (within reason) any more. This has proven to be a solid performer in the payouts, and that's why i bought this guy... not to increase value, but to increase my income.
Sentiment: Strong Buy
I think the better news is that next quarter they plan to buy even more companies. Acquiring assets is great. I hope they are all profitable. It's hard to find any P&L information on these small companies that aren't public.
yup, timing this sell is crucial. miss the gains? or bag the hold... lol
i stayed out of this one.... will consider buying in the 20s (if it goes there)
IMO, anything under $10 in this holding is a bargain. after 10 it turns to hold territory for me. Sell? not really a consideration IMO... I leave it and earn off it.
I've made many bad choices on stocks over the years, TICC is one of them that I don't regret.
Sentiment: Strong Buy
They always do this... It's how they can ensure THOSE shares are bought, not open market shares. SPO's are usually a down turn for a couple days, but almost always recover back to pre spo price in a short time. I've held ticc for about 6 years now and they've done it at least a few times before.