Portman Ridge Finance Corporation (PTMN)

[maverick one]

Yep, traditionally RS’s tend to fall in PPS eventually afterward. There are some who have stayed steady or increased. But I just don’t see this here.

IMO, there’s a reason it’s below $3.00 now. 1 so so quarter did not convince me to stick around. The PPS is only reason I was here along with the div. The spike after RS, is temp for the PPS, it may not last and will not result in increase in divs. But you will lose shares, off the RS, and if PPS slides, you just lost $, off original investment. Then again who knows maybe it climbs right?!!

I’m not usually a believer in RS’s, been around 40 years in stocks. Rule of thumb is I always jettison before RS’s, but that’s just me. I certainly am not providing you advice, or urging you to do anything, your choice is your own.

But hey it’s your port and decision. I’m already out and reinvested into 2 other companies that have better higher returns in dividends with just a tad higher in PPS. So I added 8200 shares in 2 others, that will make $533 per month.

I wish you well- but I jetted this. Hopefully the PPS increases after RS!

Mav