GSV Capital Corp. (GSVC)

[StockMasterShake]

While the compensation structure lends to the possibility of shadiness, I believe that the 2% management fee is very similar to the way hedge funds generally compensate themselves. Also, if you were to invest in a similar, though non-public, venture capitalist fund, I believe you would have to invest $1,000,000 up front, or deposit $250,000 on a regular basis. So for my money, if I trust the pre-IPO strategy, then GSVC is a good alternative.

Also, while they were under on their investments on Dec 31 (per statements), I'm not sure they are still under on all of them, given the market's increase since then. Though I have not made any calculations regarding this.

Currently I re-bought the majority of my shares at 15.20 and if the volume dries up and the price starts creeping down, I may sell some and re-buy lower, or just simply buy more. I believe that the stock will either form a base and stay above the 15.20 level and slowly rise, or it will slowly creep down to 13 or so before the hype of FB and a possible dividend begins in May. If this occurs, I believe the stock will rise to something between 20-25, then when hype dies down there will probably be another share offering. Obviously, if the market does not cooperate then there will be no dividend, the company will be under on its investments, and I will just have to hold until Twitter IPO's... at that point I fully expect this stock to be above 30/share. My main driver here is not FB, but actually I am waiting for the eventual Twitter IPO in 2013. In my mind, Twitter is the face of media in the future. Their IPO will be a bigger event than FB in my opinion and GSVC I believe will use their recent capital enhancement to build upon their Twitter position, in addition to other things of course. From what I remember, GSVC is one of, if not the only, way one can own a piece of Twitter in the public realm.