So anyway We are staring at enormous red while a reincarnation of CSHD has made its way into the merry band of GOOGLERS that scam etc and thats SNPK.OB looks like sunpeaks is a dead ringer for CSHD but thats hear nor their.
What I really wanted to well not pump but discuss was HTGC
Apparently I was going through the press releases and saw that FACEBOOK was one of its privately owned shares in its portfolio's of venture capital start ups.
Now From my understanding these shares could be sold at market when facebook goes public and after the initial ipo POP these things are known for being particularly bad investments... ie. facebook as a whole.
Get IPO frenzy of people wanted to own facebook shares could pump the price up to maybe 100 dollars a share?
anyway maybe I am dreaming but that would be a 300% gain for me as a shareholder of hercules wouldn't it?
BDC's have to re-invest their profits collected from stocks much the same way REITS do so I thought this might be a backdoor way to buy shares of facebook and make the real money before the markets short the hell out of it trying to beat up on a artificially high price that retail investors might pay just to own shares in it.
So Hercules is now at 11 dollars a share price roughly and the dividend is 8% ! in three months thats a decent payday to me anyway so I thought how can I go wrong.
So my question is this.....
Why is it down so much ?