Hercules Technology Growth Capital Inc (HTGC)

[jugs]

Busy morning, indeed!

Been trading heavily---lots of trades, lots of decisions being made as to what stocks paid over the last few weeks versus those yet to go ex-distribution. Without going into non-board-specifics, suffice to acknowledge:

Now holding 1,100 HTGC shares with a cost basis of $12.589.

I really appreciated that this pick resisted dropping this morning for a long time. That tells me it's smart to recognize this is a relatively safe stock in which to park money for now. The yield is excellent but more appealing to me is that the shares are showing great resistance to overall market conditions---in this case---a severe downturn.

So I remain on the acquisitive trail, hoping to continue adding shares of HTGC as I can. I feel no rush as there's a long time before divvy hunters push the price point higher.

This is looking better and better to me all the time. BDCs are at the root of S&P500 plays---without capital, companies don't expect to move to higher valuations. I'm liking this company more and more as I study, read and assimilate. And I'm excited, too...as I believe profits will be racking up strongly as we move forward.


Good fortune to all here!

While I understand my followers are focusing on NGL at the moment, I do hope you'll divert a bit of cash into HTGC as it's looking stronger and stronger to me all the time.


Enjoy the day however you spend it and your cash.