Paptermaster is a BUST.
He did nothing at apple.
He joined in 2008 and was out in 2010.
On August 7, 2010, The New York Times reported that Papermaster was leaving Apple in the wake of the iPhone 4 antenna troubles. It was later reported by The Wall Street Journal that Papermaster's exit from Apple was rather due to "broader cultural incompability", and a loss of confidence from Apple CEO Steve Jobs.
Good move.. I was literally thinking about offloading maybe 10% - 20% the day of earnings since it was hitting close to $11.
To bad PSEC is in the crapper today.
I think I'm going to start unwinding some of my PSEC. : (
I managed to get my dollar average down to 10.21 on the SEC investigation so I'm at a good price.
But they seem to be heading in the wrong direction lately.
My happy 70c - 80c cushion just got blown out of the water in one day.
MCC is pegging down to 12.69 right now.
I just bought some.
Seems like it's getting into good entry territory after the secondary last wednesday, and going EX today.
I looked at that this morning Faaqcee.
I don't follow NCT.
Their chart scared me from doing anything.
It just looks like in general they have been trending down over time.
I added 4000 @ 17.19.
Going to wait and see if any dips happen beyond that.
Ye it's not clear to me what they will do going forward hatedahft.
Market sentiment seems to agree with me on that or something else as AGNC isn't up today.
I wonder if they would just do ROC to cover the dividend if they are short on the Taxable Income side.
NYMT payed part of their 2013 dividend with ROC. It didn't hurt the stock price at all.
How do they cover their dividend going forward if next quarter is like this one and their TBA income goes against their carrying capital loss??
Their Estimated Taxable income was not great, and they pretty much used up their remaining UTI.
I should have went to accounting school. : (
I'm sure the answer is in there somewhere... I'm not getting it though.
After Hours Alkkov, ARCC was at a pretty good price point.
Any time it's below $17 is a good buy in.
Assuming no new bad news gets slung at BDC's, sooner or later ARCC should rebound to $17.50.
ye, it almost looks like they had someone (or multiple someones) lined up to unload the shares to.
That went way to smoothly and to boot the price went up!
I can't complain either way since I'm hodling BDC's, I'm happy to see the share price go up.
But on the flip side I wanted to buy a big block of PSEC.
MTGEP and BBEPU are showing up in E*TRADE now.
MTGEP = AGNCB = $24.85
BBEPU = $24.95
I actuyally want GLADO since it's got a hard mature date of 2021, but it's price/yield is ok at best.
If the GLAD prefy is mostly structured the same as the 2016 version, it might not be bad.
The 2016 is 7.13% $1.78125, CALL DATE 12/31/2013, MATURE DATE 12/31/2016
So the 2021 should have a MATURE DATE @ 2021. Which is certainly better than no mature date at all.
slightly off topic, it looks like GLAD and NRF are launching another round of prefered, but I can't find more info on them yet beyond some simple naming conventions.
GLAD will be "series 2012" and they are going to buy back the 2016's.
NRF will be series E.