+ Watch MCGC
on My Watchlist
A financial services company providing financing and advisory services to small and medium-sized companies throughout the U.S. in the communications, information services, media and technology industry sectors.
bought into this at 60 adn 70 cents with real money and took a decently sized stake. MCGC should benefit from recent covenant revisions and from mark to market accounting revisiosn. See my march blog on mark to market accounting and why I invested in BDCs for further discussion.
Do you have any idea if the dividend is ever going to come back for this company? CAPS has it listed as a 35% dividend but that is a lie. This company has not paid one since the stock price went south back in June of 2008. Also what is your target for this stock, Would you buy today at these prices with no dividend?
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