my line of credit is only $65k and home is paid off with value of $320k. appreciation where i live is giving me (on paper) about $1k/mo. that's a lot less than interest on line of credit at 3.25%. i would also be to the black with dividends paying interest plus profit left over. money is cheap right now and should be taken advantage of. the only reason i haven't pulled that trigger is i simply don't need to and my greed level is under control. otherwise i would.
with the beat down today, if PLOW loses another $1.00 to PPS i may buy back as i believe dividend to be well protected. would hold as an income position, not a growth stock (IMO). in the meantime, TTC also reported very nice earnings last Q. mayhaps both are good core holdings. just want to see PLOW at 20.25 PPS. with PLOW underperforming a horrible DJI avg today by about 1-1/2 times, that may happen soon. if not, i let it go...
MAIN's last ER and CC was a pleasant surprise and indicative of MAIN remaining very healthy. yes, the market certainly influences MAIN PPS as does the BDC sector in general. however, with the today's announcement on reduction to the oil glut, that only helps MAIN's position as 10% of their portfolio is oil related.
MAIN PPS has been in a slump and appears to be a bit oversold. again, that is due to them being HQ'ed in Houston and exposure to oil. that oil related perception is what is primarily capping shareprice.
i consider MAIN a buy but am not purchasing myself as i've decided to sit on my hands until early Q4.
i for one like to see wisejam and phil posts. they are traders as well as investors like myself (to a degree). it is always interesting to me to see others making moves and their rationale behind it. it is not a neuroses. that's what these message boards are for.
if you like, then simply put them on ignore or just don't visit the message boards.
whenever i see that kind of negativity i suspect someone is having a bad day and looking for someone to throw stones at.
i'm having a very nice day so i am wishing you the best. k?