Suns has given me great dividends and steady profit Great company
SUNS at dangerous level. Usually when it gets this far ahead of NAV, they have a stock offering.
+86pct on their last NASDAQ Alert --> T0pMarketGalners.c0m
PEAK OIL REALLY TRUE? WE'RE ALMOST OUT? GETS COLD IN NY YOU KNOW
You post keeps getting deleted. SUNS does not like it. Thye keep waiving the incentive fee so they can have income equal to the dividend. That means there is no upside to the dividend as incentive fees will eat up any increase. in the meantime borrowing costs are rising for their borrowed leverage. having an offering tells you somethig--the stock is fully priced. This should be selling at 80% of BV.
Suns is headed for 15.25. As yield spreads widen, SUNS has nowhere to go but down.