An increase in the distributions and supplemental distribution(s) from now on? Sounds good to me!
I have a feeling GAIN will see a pullback now. What yall think? Ive been struggling with this stock lately. Some of my other trades have been from awesomestock-s which are working out pretty well.
Did anyone else see $GAINO report from http://monstatrader.com/?s=GAINO ? It had some interesting information. Confession is good for the soul Day trading investing.
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I have been closely monitoring GAIN for quite a while now. The company not too long ago declared a dividend of 0.75_percent - I am about to hold the stock for the moment. Ahh, kind of unclear actually - well, let me consult lionStackA!lerts
It's going to $11 before I'll sell a single share. Growth is fueling the upward stock price.
can buy now?
Exited my entire position......
BDC's and REITS are overpriced now, and it's time to get out. One of my strict criteria for selling a stock is that when my capital gain meets or exceeds an entire years worth of dividends, I lock that gain in. That way, I've locked in a years worth of dividends and can sit back and wait to buy for at least a year at a higher yield, which happens 99.9% of the time. I'm going to wait for GAIN to come back down to earth now, and my entry point to start buying back in under $7.85, which is the current midpoint of the 52 week price range. My advice right now is take your profit, but alas I know there are those who will hang on just a wee bit too long, and miss out on the capital gains they could have had. To each his own though, and I can't fault anyone for wanting to hang on to such a steady dividend payer...I just prefer to work both sides of the fence and take the capital gains when they come, knowing the price will come down sooner or later.
Held right below $8.50 so flushed some stop orders at that psychological level. But have bounced and longest stability we have had today. Buy now. Will close day down 1.5%
Need a pullback to $8.40 and then hold that price for 2 weeks - at that point we have a new solid floor. Keep buying anything below $8.60. Growth and solid, safe dividend.
Why the huge loss today?
Put in an order to pick up another 500 shares
This is the pullback I was looking for last week when I posted. No news but big selloff on strong volume. I've been buying as it's been going down today.
$.60 sell-off this morning?
The move up has been nice to see. Would love a pull back to buy more. This has one of the best dividend coverages among BDC's. Sold all my PSEC and FSC to go all in on GAIN
Did not like watching this drop with no news anywhere....
The fundamentals are very strong for GAIN with positive earnings growth. Dividend is safe compared to many other BDC's.
Small sell off today before earnings on above average volume. Boy people are fearful. Tomorrow should be interesting.