Replies to post #306 on GSV Capital Corp. (GSVC)

[crazystockace]

It's a falling knife fell through all supports and the 200day ma. My guess would be this heading to 10 before it bounces but I can't see it rallying, cause there will be a lack of interest. As you can tell, their where huge retail here that jumped on the FB IPO dude. But when you look at their portfolio it represents close to 7% of it without cash on hand. So at it's price now it's great, but I think it's going lower and to enter now would be silly. Only way it bounces up Monday if FB rallies hard.

[Homeland]

These guys at GSVC played the market and timed their latest offering perfectly. Most people in GSV figured it would bounce back as FB came to market. The time to sell (if you didn't prior to the new shares) was the day before or on the day FB started trading. Had FB skyrocketed, this would have turned out differently. However most analysts made the right pick about FB being overvalued.

My biggest concern about GSVC has to do with the excesive expenses. I'm not real hot on this any more, though I still own some shares. I'm glad I sold when FB started trading. I'm still kicking myself for not selling earlier when the stock started dropping even before the IPO.

IMO, GSVC will bounce back some over a bit of time. I don't see it as a long term hold though.