Comments on Nicholas Marshi's articles RSS Syndication from SeekingAlpha.com http://seekingalpha.com/author/nicholas-marshi/articles http://seekingalpha.com/article/80314-mcg-capital-squeaking-by?source=feed#comment-228243 228243 Mon, 11 Aug 2008 18:38:43 -0400 although MCGC's shares have not done too well, they will spike again. similar to abk... be careful.. if my expectations are correct, they will hit back around 10, but will fizzle out slowly again..
any thought?]]> http://seekingalpha.com/article/80314-mcg-capital-squeaking-by?source=feed#comment-227929 227929 Mon, 11 Aug 2008 13:18:29 -0400 http://seekingalpha.com/article/80314-mcg-capital-squeaking-by?source=feed#comment-227928 227928 Mon, 11 Aug 2008 13:17:06 -0400 http://seekingalpha.com/article/80314-mcg-capital-squeaking-by?source=feed#comment-189786 189786 Sat, 21 Jun 2008 14:08:07 -0400 http://seekingalpha.com/article/80314-mcg-capital-squeaking-by?source=feed#comment-187109 187109 Tue, 17 Jun 2008 12:02:07 -0400 http://seekingalpha.com/article/80314-mcg-capital-squeaking-by?source=feed#comment-181337 181337 Sun, 08 Jun 2008 13:00:22 -0400
]]> http://seekingalpha.com/article/80314-mcg-capital-squeaking-by?source=feed#comment-180759 180759 Sat, 07 Jun 2008 02:30:32 -0400 http://seekingalpha.com/article/80314-mcg-capital-squeaking-by?source=feed#comment-180693 180693 Fri, 06 Jun 2008 21:58:47 -0400 http://seekingalpha.com/article/80314-mcg-capital-squeaking-by?source=feed#comment-180516 180516 Fri, 06 Jun 2008 14:18:52 -0400
]]> http://seekingalpha.com/article/80314-mcg-capital-squeaking-by?source=feed#comment-180507 180507 Fri, 06 Jun 2008 14:06:05 -0400
If you like specialty financial stocks that now trade at call option price levels that no one follows any longer take a look at CHC and MMAB. Hint with CHC: Stephen M. Ross ( Half owner of the Miami Dolphins) is the money in this "alternative asset management" company. Bot the farm on this value/yield trap trifecta.]]> http://seekingalpha.com/article/76894-mcg-capital-on-the-knife-s-edge?source=feed#comment-176060 176060 Thu, 29 May 2008 12:13:02 -0400 http://seekingalpha.com/article/72268-is-it-time-to-get-back-in-mcg-capital?source=feed#comment-167686 167686 Wed, 14 May 2008 18:45:09 -0400 REMEMBER...MY COMMENTS ARE NOW MAKE AFTER MCGC HAS CUT THE DIVIDEND ...FOOL ME ONCE, BUT NOT AGAIN!!! ]]> http://seekingalpha.com/article/76894-mcg-capital-on-the-knife-s-edge?source=feed#comment-167033 167033 It's Broadview, not Broadcom.]]> Tue, 13 May 2008 16:15:17 -0400

On May 12 04:27 PM joe_no_say wrote:

> It's Broadview, not Broadcom.]]> http://seekingalpha.com/article/76894-mcg-capital-on-the-knife-s-edge?source=feed#comment-166460 166460 Mon, 12 May 2008 16:27:45 -0400 http://seekingalpha.com/article/72268-is-it-time-to-get-back-in-mcg-capital?source=feed#comment-151384 151384 Tue, 15 Apr 2008 22:36:35 -0400 http://seekingalpha.com/article/72268-is-it-time-to-get-back-in-mcg-capital?source=feed#comment-151324 151324 Tue, 15 Apr 2008 19:15:36 -0400 http://seekingalpha.com/article/72268-is-it-time-to-get-back-in-mcg-capital?source=feed#comment-151122 151122 Tue, 15 Apr 2008 12:29:50 -0400
All the BDC's are faced with similar problems. I also like acas and ald at today's prices. The yields are excellent for all three firms and the capital gains to be had in the next 12-18 months make the risks acceptable. Also, all three firms have assured investors that the dividends are secure for 2008.]]> http://seekingalpha.com/article/72268-is-it-time-to-get-back-in-mcg-capital?source=feed#comment-151061 151061 Tue, 15 Apr 2008 11:01:34 -0400 http://seekingalpha.com/article/65721-capitalsource-don-t-mind-the-gap?source=feed#comment-150883 150883 Tue, 15 Apr 2008 02:05:54 -0400 http://seekingalpha.com/article/62439-business-development-companies-raising-capital-in-a-recession?source=feed#comment-132826 132826 Fri, 28 Mar 2008 03:02:48 -0400
More interesting is that several other BDCs have announced rights offerings to raise capital from existing investors. As the companies stock price trade below NAV, this is the only allowable way to raise equity in this environment. To date, Ares Capital (ARCC), MCG capital (MCGC) and Gladstone Investment (GAIN) have announced "transferable rights offerings" to shareholders.

One could see these moves, especially for MCG Capital, as more defensive than offensive-building up a balance sheet being eroded by questionable investments. Gladstone likewise did mention that the new capital would help with diversification by expanding total assets. Overall, though, most of these capital raisings reflect managements belief that lending and investment opportunities in the months ahead will be unprecedented and the more "dry powder" available the better the returns to shareholders. Barring a melt down in the economy-also of unprecedented proportions-we agree that this is a good time to generate liquidity. With most of the money center banks preoccupied, CLOs in deep freeze and hedge funds in panic mode the supply of capital will drop and those remaining providers will be able to command better terms. Even buying existing loans in the secondary marketplace may result in oversized returns thanks to the rush for the doors underway, even in the middle market.

The bad news is that even with new equity being raised in the BDC industry (about one third of the universe of BDC companies has raised new money or announced their intention to do so in 2008 to date), the bottom has not yet been found as we so optimistically predicted back in January.]]> http://seekingalpha.com/article/65721-capitalsource-don-t-mind-the-gap?source=feed#comment-123735 123735 Fri, 07 Mar 2008 16:13:07 -0500
I don't want to sound too optimistic because CSE has its own problems. In the case of the TONE acquisition,though, CSE is sitting pretty.]]> http://seekingalpha.com/article/65721-capitalsource-don-t-mind-the-gap?source=feed#comment-122919 122919 Thu, 06 Mar 2008 09:46:39 -0500 http://seekingalpha.com/article/54169-technology-investment-capital-under-pressure-but-still-a-good-buy?source=feed#comment-120844 120844 Fri, 29 Feb 2008 21:14:25 -0500 http://seekingalpha.com/article/65721-capitalsource-don-t-mind-the-gap?source=feed#comment-119176 119176 Tue, 26 Feb 2008 08:56:39 -0500 http://seekingalpha.com/article/65721-capitalsource-don-t-mind-the-gap?source=feed#comment-119007 119007 Mon, 25 Feb 2008 21:41:16 -0500 http://seekingalpha.com/article/65721-capitalsource-don-t-mind-the-gap?source=feed#comment-118623 118623 Mon, 25 Feb 2008 05:48:31 -0500
www.reuters.com/articl...

]]> http://seekingalpha.com/article/65721-capitalsource-don-t-mind-the-gap?source=feed#comment-118616 118616 Mon, 25 Feb 2008 05:20:32 -0500 http://seekingalpha.com/article/62439-business-development-companies-raising-capital-in-a-recession?source=feed#comment-114055 114055 Fri, 01 Feb 2008 11:20:48 -0500 http://seekingalpha.com/article/62439-business-development-companies-raising-capital-in-a-recession?source=feed#comment-113865 113865 Thu, 31 Jan 2008 13:27:54 -0500 http://seekingalpha.com/article/58186-three-high-yield-stocks-to-buy-now?source=feed#comment-107848 107848 Wed, 02 Jan 2008 13:39:36 -0500