Home > Boards > US Listed > Banking and Finance > Hercules Technology Growth Capital Inc. (HTGC)

This being one of a number of stocks

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Current Report Filing (8-k) Edgar (US Regulatory) - 2/20/2020 4:31:14 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 2/20/2020 4:21:57 PM
Annual Report (10-k) Edgar (US Regulatory) - 2/20/2020 4:17:53 PM
Hercules Capital Reports Fourth Quarter and Record Full-Year 2019 Financial Results Business Wire - 2/20/2020 4:10:00 PM
Hercules Capital Strengthens Its Capital Resources with New $400.0 Million Credit Facility to Support Continued Investment Po... Business Wire - 2/20/2020 6:00:00 AM
Hercules Capital Announces Supplemental Cash Distribution of $0.08 per Share for the Fourth Quarter of 2019 Business Wire - 2/19/2020 4:12:00 PM
Hercules Capital Declares Distribution of $0.32 per Share for the Fourth Quarter of 2019 Business Wire - 2/19/2020 4:10:00 PM
Disclosure of Asset-backed Securities (abs-15g) Edgar (US Regulatory) - 2/13/2020 5:10:52 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 2/6/2020 2:27:55 PM
Hercules Capital Announces 5-Year Investment Grade Bond Offering Totaling $120.0 Million Business Wire - 2/6/2020 6:00:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 2/4/2020 4:25:17 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 2/4/2020 4:24:44 PM
Syndax Announces $35.0 Million Offering of Common Stock and Enters Term Sheet for Loan with Hercules Capital for up to $30 Mi... PR Newswire (US) - 1/31/2020 7:00:00 AM
Hercules Capital Announces Date for Release of Fourth Quarter and Full-Year 2019 Financial Results and Conference Call Business Wire - 1/30/2020 6:00:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/28/2020 4:10:00 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/28/2020 4:08:59 PM
Hercules Capital Reaches $10.0 Billion Milestone in Total Debt Commitments Since Inception Business Wire - 1/14/2020 6:00:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/13/2020 5:14:40 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/13/2020 5:13:44 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/13/2020 5:12:53 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/13/2020 5:11:58 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/13/2020 5:11:22 PM
ChemoCentryx Announces Credit Facility of Up to $100 Million with Hercules Capital GlobeNewswire Inc. - 1/9/2020 8:30:10 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 1/8/2020 3:24:29 PM
Hercules Capital Highlights 2019 Achievements, Setting a New Investment Record with $1.47 Billion in Total New Debt & Equity ... Business Wire - 1/8/2020 6:00:00 AM
jugs Member Level  Saturday, 06/23/18 02:30:20 PM
Re: None
Post # of 35 
This being one of a number of stocks held in my portfolio, I'm just now getting around to squaring off so as to develop an overall plan that may lead to fine gains in this stock.

To begin this round-up:

My current position consists of

700 shares at a cost basis of $12.50.

The position was launched on Monday, 6/18/18.

Results: Gain of $166 after deducting for commissions.


____________________________________________________________

The recently passed tax relief law will breathe new life into American companies. It should surprise nobody that smaller businesses will find early stage navigation easier than in times past. As start-up Mom & Pop business are launched, fresh monies will be sought for inventory, infrastructure, promotion (advtsg.), wages, and so many more aspects involved in day-to-day operation of any business. It is the primary function of companies such as Hercules Technology Growth Capital, Inc. that such financial aid be made available. With it, beginning businesses have a chance to make their way. Without it, there will be no future for most.


Following is an extract (complete) provided by Ameritrade. It is not as complete as I'd like so, then...by all means. go to Yahoo! as that site will fill in a lot of obvious blanks.


Quote:
Hercules Capital, Inc. is a specialty finance company. The Company is an internally managed, non-diversified, closed-end investment company. The Company focuses on providing senior secured venture growth loans to venture capital-backed companies in a range of technology, life sciences, and sustainable and renewable technology industries. The Company's investment objective is to maximize its portfolio total return by generating current income from its debt investments and capital appreciation from its warrant and equity-related investments. The Company's primary business objectives are to increase its net income, net operating income and net asset value (NAV) by investing in structured debt with warrants and equity of venture capital-backed companies in technology-related industries with attractive current yields and the potential for equity appreciation and realized gains. The Company focuses its investments in companies active in the technology industry sub-sectors



Hercules will engage in business with start-ups as any venture capital organization will---providing loans often not available through banks because of restrictions governing the nature of loaning money to less secure companies trying to gain a more permanent foothold. Venture capital companies will often accept equity in lieu of cash. When the venture capital company researches well and adds things up coherently and wisely, its chances to prosper are enhanced. Thus, the venture capitalist becomes a partner in the truest sense.


This, then, is at the foundation of my reasons for being an investor in HTGC. I like the premise, I'm noting improving company fundamentals and I sense the company is knocking at the door of opportunity. America has been compressed for many years. Without getting into political dissatisfactions, I will say only that I believe the iceberg is still a ways off in the distance. That, alone, tells me I've got to continue building a position in HTGC and do so now---before the rush becomes apparent to everybody later to the party.


Happy hunting!


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