I don't really know how this would affect MCC if this bill passes the House. If anyone knows can they please explain.
Buzz says that MCC will continue to report lower in its upcoming earnings report next Fri. Then in the upcoming conference call when the questions are asked Taube will continue to make excuses to make it look like they are working very hard to make good investments when In fact they have taking on excessive risk resulting in several non-accurals to they can take large fees for being external managers.
10.9% S&P 500
Is this guy right, pacman? He says external management is taking huge fees from companies like FSC causing the stock to trade way below its NAV. He claims Medley Capital (MCC) is open to Activist targets because of larger than average NAV's. If this is true then if an activist comes in on MCC it should go up a dollar or more just like ACAS has done recently. What do you say?
Please note that FSC, MCC, and Gladstone Capital (NASDAQ:GLAD) have not reported results for the quarter ended September 30, 2015, and I am expecting further declines from each. The remaining articles in this series will take a closer look at the fee agreements for externally managed BDCs but also looking for the companies that might be taking advantage of the inherent conflicts of interests to increase fees paid to the management company. If
Just like the cut and dry case that Vringo had against Google fell apart in the appeal this can also happen again even if Vringo wins. It's the appeal that kills it all just like the two judges making a ruling that Lang's patent not valid because of some stupid statement they say was obvious.
This case against ZTE has gone on for over 2 years now with not a dime collected. All the rulings the courts make against ZTE are not enforced or they would have settled by now.
As for me it will cost $20 dollars my brokerage account charges me because of the split. At one time I had made several thousand profit going to a 2 thousand loss. I am beginning to wonder what good it does anymore to own patents. They have over 600 patents and so far have not collected anything.
If pacman did what he said MDLY would be selling at 7
We need an activist for MCC and MDLY.
I thought pacman was going to be the activist for MDLY but he didn't come through for buying up enough shares like he wanted to.
Hey, Wiseguy,, If I need your advice I will ask for it. I have day traded MCC over 100 times and since I started buying at 13 I would be broke without the daytrades. Not something I really wanted to do but this stock seems like it has NO bottom.
PNNT is up, MCC and MDLY way down.
Really a no braiiner buying at 7.65 and you said going back above 8? Well here it sits at 7.38 and this with the 0.30 dividend. The question is will MCC ever get back above 8 like you thought?
back in 06 they were 50 then went down to 60c in 08 now up to 15.
a 25 X increase since 08. 100k shares at 60k back in 08 now worth 1.5 million dollars
like they will be buying 71 million shares leaving around 212 million because they pay no dividend and are going to monetize the stock value.
Was this just something on your wish list or were you serious?
What is your opinion on American Capital?
So far I am making money on MDLY. You gave me a good one here. I started buying MDLY Aug 26 at 7.14 sold at 7.81 bought back 600 at 7.05 and sold at 7.3. Then on 11/03 started buying again starting at 6.86. Averaged down to 5.6 then sold some at 6.4 then bought back at 6.16 and in the meantime getting dividends on 1600 shares. Got 1900 shares at ave. cost of 6.15 now. Thanks very much for the tip. It helps lesson the loss I have with MCC and another two stocks i bought, Line and CLBS. A friend of my who retired from Smith Barney gave me a tip on CLBS and i am losing thousands so far. In at 6 and it is 1.16 now.
On the ER it also said that revenue has decreased from 18.4 to 5.4 million
That is quite a bit of a decrease don't you think?
was looking at the earnings report on Yahoo. They said they were declaring a 20c dividend payable on Dec 4th but no date given. Then on Nov 17th they said on Yahoo news that the record date was changed from the 25th to the 27th.
No matter since they declared yesterday. I got the dividend for 1600 shares payable on the 4th.
I bought 300 today at 6.11 and yesterday at 6.21
On Yahoo it says that the record date for dividends has been changed from 25th to the 27th.