SIR.and SNH have agreed tp purchase CCIT's MOB properties. Apparently, this is a current trend. Interesting! Especially in view of questions over the direction of Medicare and OBcare. For certain, majority of these boomers will need some form of specialized care in future years, whether or not they can afford it or receive some form of gov't. support. Not sure what, if anything, this means for NCT.
I'd be expecting additional SPOs in the future and view these as buying opportunities. The last one was followed by a special dividend on top of the 11 percent dividend. I see nothing wrong with that. They are taking advantage of current opportunities they should be.
Local rules? While many of the courses are in draught stricken California, they are spread out across the USA in different states and subject to various local laws. That's a complex question not easily nor quickly answered. I'm sure someone at NCT must have the answer.
If the interests of the stockholders were at play here, these greedy manager clowns would cut a deal with Haliburton rather than bleeding this thing dry! No muddying the water here, right?
TDA says 22Aug. My initial entry point was $32. Now I have twice as many shares at an even higher value. I'll be holding this position for a very long time!
I'm holding my NCT even though I'm already holding some large positions in senior housing REITs (MPW & SMH). That is probably why I won't be adding to this position except to even up for the RS. I'll hold anything that is paying me 6-10 percent yield.
Please, pray tell, who has replaced who? What exactly or specifically is wrong with the performance of this CEF. The dividend has stabilized and NAV is headed in the right direction. Use of "terrible" is a term that begs further some sort of description. Otherwise, your musings are less than vacuous!
Hey, at 72yoa, I'm still comfortable with the BDC concept, so I've no problem with NCT's business model. NCT seems much more flexible than, say, GLAD. Who knows, could NCT be the next Carlisle Group? True, I'm not risking my retirement here, but this gets downright entertaining at times!
MLPs do SOs all the time and usually it is viewed as a buying opportunity depending on the intended purpose of the fund raising. Actually, this could be a great buying opportunity depending on how NCT plans to invest the funds raised. Do you or do you not have confidence in management? I'm thinking this might be a good time to buy were I not already overweight this industry. I might contemplate moving some other resources around...........bottom line is an SPO is not the time to be selling.
Already thought of that possibility and quickly purchased an amount divisible by three into thousands. Admittedly, there may be better reasons for purchasing a particular equity! Gotta LOL here. I think my cost was $4.49/s to round up. That may be better than the new special offering? I didn't bother to figure that one out yet.
Not only that but the judge is an idiot.! Clearly Haliburton had evil intentions here and attempted to outmuscle the little guy. Maybe Mac should have cut a deal but I can see why one might not do that in face of unfair treatment. Could the judge have been angling for a choice position? The call is hard for me to understand.
If you bought with me then 3X has already happened! Be careful who you call dumb . Us old guys have far more means than the younger crowd! We also know how to grow real profits. Now, tell us you bested Buffet last year!
If you wish to speculate, try the casino. Investing is a buy and hold proposition. I bought most of my BAC at under $4 back in 2009. I suspect I'll reclaim my original investment within a reasonable amount of time. Options can be quite risky and far too complex for most traders. To wit, does anyone know Putin's next move? And, what about the plans of the "next Messenger"? My advice to you is use a Buffet-like approach to investing and refrain from the get rich quick options route. Some of you are obviously not cut out for that!
Cash cow! You may wait forever for treasuries to return to 4 percent! My average cost is $25 per share so I'm making 8 percent ROI. That works for me. Others may nip at VZ's heals but VZ has invested wisely and has the best "backbone". The others are all hype!
In '09, I bought a few thousand shares at $2.01, then doubled down at $1.91. So my ROI is now over 20 percent. Any bets on a future dividend raise? Good luck with your waiting on the sidelines! I'm in for the long term with lots of dividend, growth stocks. I rarely trade or sell. I put aside the cash to buy on the dips. GLTA!
I added today at $22.2. Maybe some more later should it get to $21.5. This may push my average cost over $20 but the divvy seems secure to me so I've continued to add.