Today's Pick (012413)
RJET looks tempting, despite it's recent pop as does another airline, DLAKY.
In housing related stocks I like MHK, GGC and CFI.
But none of them quite stand out, so I'm finally going to grab some shares of KCAP.
Been waiting a long time (dumb), owned it before and sold it (dumber), hopefully buying it now isn't (dumbest). If the economy does well, it should rocket, even apart from the huge dividend. If the economy falters, d-est.
I do like the idea of BDC's in general and KCAP appears to be the best of the lot.
Meanwhile today was my worst day in a long time. My two best holdings of 2013 followed my biggest holding (AAPL) down the tubes: PRCP and SNFCA. I was lucky I was only down 1% today (real life). I'm riding AAPL for the long run (I have sold 70% of my holdings over the last year and a half, including some at 700, and will sell a third of what I have left at some point before putting the remainder in permanent lock down), despite questions about how well it will do for the next couple of quarters. It's all about investor psychology now.