Mark, the company still has about $70m in outstanding loans, all of which are good. Mgt has said they are looking for a buyer of the company.
That is rich coming from you. Thanks for the giggle elicited by this post. Enjoy your day.
Max, look out for a small FED rate hike in Spt. Market will over react. Choose a share that is least exposed to this over reaction.. I like BDC,s with variable rate loans and low oil exposure.
As a non American I have a different view as do the rest of the world. You can expand your research if you wish. Either way I don't really care .
I have taken a spec position in MCGC. They cleaned up the loan book 31/12/14, and the company is up for sale. NBV is now estimated at $4.79, with post year end transactions and they have a substantial tax loss which could add another 20c. FYI.
Leaders are FLY, MMLP, TNP , OXLC. Have exited others. In addition to leaders still hold CMLT, KNOP, and a few other minor holdings. This is NOT a recommendation; just FYI.
bn, Iran has the right to get involved with countries it has ties to, like Lebanon and Iraq. Just as the U.S. has the right to interfere with, and does, with countries around the world. You are obviously a bit emotional today , to say I was "name calling". I can't find where I did. I am sure that Iran , Turkey, and the Arab countries would be much friendlier to Israel, if it stopped stealing Palestinian land and behaving like Apartheit South Africa. You may be suprised to hear that the U.S. Is the only country who's has a large number of citizens, who do not think that Israel is a brutal, and oppressive country towards its second class inhabitants.
Let Israel do it instead of trying to pressurize the U.S. to do their dirty work. AIPAC will continue to pull the strings of congress, but hopefully the administration will do the right thing by negotiating first before taking further action. Israel has between 80 and 250 nukes, plus means of delivery, and they are so scared of Iran. Weird.
Norris ,I see you are now a world renowned expert in homosexuality. Truly a man of infinite talents.
Another wonderful congressman in the making. Seems to have average intelligence for a religious tea party member.
Gumby, I find it interesting that congress wants to politicize the Fed and they cant run their own show. Weird theatre.
Its all about incompetent and corrupt gov. As I live in South Africa, we know all about it.