yes a matter of a long time. I will be 100 before this stock will ever move if ever.
You see ZTE will never have to pay just like Google.
40k shares times 33c equals over 12k you didn't get by switching too soon. And
you manage clients?
He said it going to 8. Does it look like it is going to 8? It has gone up 50c since he said he was touting FSAM which is doing nothing.
FSAM has almost 49 million shares yet the volume is almost non existent. With the volume so low I wonder if another decline will happen
What's causing the spikes in MCC when the stock opens early in trading then goes back down to 9 or less?
Considering the fact that there is less than a month for dividend x date means that if you bought the stock at 9 and subtract 30c on x date you would be able to buy at 8.70.
so pac when FSC has cut dividends and the floating rate depends on raising interest rates how will Mr. Tannenbaum make this work?
mall investment trusts are in a death spiral? default rates going higher? What does this have to do with BDC stocks. If the Fed ever raises rates it actually will really help FSAM stock.
Why didn't you sell your MCC and buy MDLY and make some good money there?
what does Tannenbaum mean he shorted some of his competitors.?
They are a holding company for FSC which is a BDC.
Do you suppose he shorted MCC?
When FSC wrote down an investment to 40 percent of face value in February, Tannenbaum knew that a couple of other BDCs had pieces of the same loan still carried at higher values, he says. “So there’s your edge: In the hedge fund, I can trade those things knowing how retail is going to respond to them,” Tannenbaum says. “We took advantage of it by shorting some of our competitors.”
the question is will this continue?
the only problem is it seems to keep going down. You bought at 12.9 and now it trades at 8.98 , that is a 3.92 dollar drop in stock value.,
A 30% decline. Now how long does it take to make that up with dividends, especially if they keep cutting?