gogomets you predicted no increase in the dividend less than 24 hours before they raised the dividend by 15%. "congrats" on not letting one bad prediction not dissuade you from making another.
i'm merely pointing out that as recently as yesterday you made a completely wrong guess... and followed it up with a sour grapes prediction of a share offering. there is nothing about RAS that i'm thrilled with. i too was in on NCT before the split..... and now own NRZ. you win some. you lose some.
no. i just own NRZ. the new media spin off came out of left field. who knew there was value in local newspapers? NCT says there's $80 million of cash flow from a core business and $470 million of revenue in the newspaper biz. but REITS are scary places right now. i'd definitely be interested in NCT on a pullback... but just watching right now.
exactly... the NRZ dividend announcement is going to be interesting. i've been thinking about adding another position just to capture a large pop when the div is announced. if NRZ is still floundering around $6.30 on monday i may buy some.
the placement of the 15 million new shares was priced at $12.29.... it's simply an SPO with pre-agreed upon buyers.
this from sept 10, 2013.........
Wells Fargo initiates coverage on TCP Capital (NASDAQ: TCPC) with a Outperform rating and $18.50-$19.50 valuation range.
Analyst Jonathan Bock cited: (1) the stock's attractive valuation at 1.03x NAV, (2) the potential for NOI growth via leverage/portfolio churn, (3) the lower risk nature of the portfolio (i.e. heavily weighted towards senior secured investments), and (4) the company s alignment with shareholders through a management fee which includes realized and unrealized gains and losses.
He added, "we believe allocating to Quartile 1 BDCs like TCPC is sensible based on (1) strong dividend coverage, (2) a strong liquidity position and (3) an attractive cost structure. Our 2013/2014 NOI/share estimates are $1.62 and $1.61, respectively."
you dont lose any money until you sell. all predictions are useless right now. i'm holding... indefinitely.
well i admit it is a technicality. it's "unrealized loss" vs. "realized loss." however, the term "stupidly hold" is purely an opinion. if the stock goes back up, then you were "stupid" to sell. also, i only buy dividend paying stocks.... which means you can still make a profit, even if you eventually sell the stock for a lower price than you bought it. it's not "stupid" to hold LNCO if you bought somewhere above $30. it could be well above that in one month or one year or 5 years.... and all the while you'll be paid a monthly dividend.
the BDCs arent generally cheap right now. MCC might be one of the better ones right now based on valuation. also FSC with a share offering today could be an entry point. long TCPC, MCC, FSC, PSEC, PFLT.
business development companies. check them out... big dividends. PNNT, TCRD, MCC, FSC, PSEC, TCPC, MAIN... among others. go to seeking alpha and search "BDC Buzz" and check out his articles on BDCs.
arcp tanked as treasury yields went up.... and now it still sucks with treasury yields going down. not pretty.
steve...... thanks for taking the time to share that info. meanwhile, brad thomas commented (seeking alpha) on the falling ARCP share price by saying, "No institutional followers. just retail and hedge funds...In short, not a mature stock (yet)." he's a buyer.
actually it's obama holding the economy hostage.... destroying coal industry jobs... blocking natural gas production on public lands (more jobs).... prohibiting boeing from having a non-union build-out in south carolina (more jobs).... blocking the keystone pipeline (more jobs)..... maintaining uncompetitive corporate taxes (among the highest in the world). obama is a jackass.... wholly uninterested in armerican growth, and completely obsessed with the redistribution of wealth.
for anyone who actually thinks obama is trying to improve the economy.... please explain to me what exactly is he's doing to improve the economy?? he has no interest in the economy. after 5 years in office, his primary actions have been to ignore the domestic energy revolution,... inflict job killing global warming policies.... dabble in immigration reform.... and inflict a massively expensive health insurance debacle upon us. non of this improves the economy..... in fact, i makes it worse. he has no appreciation or understanding of free market capitalism. he thinks it just magically appeared by dumb luck.... and he's here to suck it dry and redistribute the wealth from those who earned it to those who didnt.