Seeking Alpha
  • Cash King
    Bought more $BDCL @ $24.15 this morning. Near 52 week lows. Also, bought a little more $STON at $24.15 as well.
    5/15/14
    Reply (12)
    • BinariX: good luck. dont you think you should wait with $BDCL for the pressure will finish up to the russell index writhdown in 30/6 ?
      5/15/14
    • Grant Payne: Can you elaborate on Russel index writedown? You referring to the de-listing of BDCs? @BinariX
      5/15/14
    • Cash King: @BinariX, Thanks. I assume you are talking about the de-listing. I think people are overestimating the damage.
      5/15/14
    • Cash King: I don't think it will go sub-$24 but I could be wrong. I'll be transferring a decent sum of cash to my account plus dividends so I'll
      5/15/14
    • Cash King: average down if it does. Not a biggie. I'm in accumulation stage for long run.
      5/15/14
    • Grant Payne: ^Agreed. The exchange is irrelevant in my opinion. If the venture cap industry is healthy, the composition of BDCL is healthy.
      5/15/14
    • liusing: Not following this one $BDCL, any special reasons for 52 wk low ??
      5/16/14
    • Cash King: See above. Basically, all BDC's will be delisted from the indexes. Also, PSEC is havign a minor(imo) accountign restatement potentially with
      5/16/14
    • Cash King: the SEC.
      5/16/14
    • leileiying: Yes, I also added $BDCL at 24.2. Now I have near 20k shares, average cost at $26, not including div. For long run, still accumulating.
      5/16/14
    • leileiying: Do you have a look at at $CEFL and $DVHL? I also own big trunk of them
      5/16/14
    • Cash King: I do $CEFL. Trying to determine when to get more.
      5/16/14