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Logical Reasoning     29-May-09 02:17 pm    
I am pretty sure there are some ill feelings after GLAD announced the new dividend of $.07 and most would boo-hoo about a cut of 50% yet if you do some quick math....

1,000 shares of glad @ 6.00 a share
a dividend of $.14 = @6,000.00 plus $140.00 div.
comes to $6140.00 after 30 days yet with a dividend of $.07 per share @ 1000 shares the stock rises to $7.00 a share so 1000 shares
plus $70.00 for the div.= $7070.00 much better increase of profit I would think and with the company saving $.07 a share by not paying it out thier bottom line is going to blossom and the eps will zoom up and more stock will be purchased driving this up to around $15.00 a share pretty dam quick.


Sentiment : Strong Buy
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wessman410

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Saint Peter...


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  Subject Author Rating Time of Post (ET)  
 
Logical Reasoning
wessman410 Not rated 29-May-09 02:17 pm  
 
I'd really like to know the longevity of this comp...
glenrichmon... Rate it 29-May-09 05:02 pm  
 
Probably worth listening to the GAIN con-call...
jdgardiner Rate it 29-May-09 05:28 pm  
 
Avoid this stock for now. Put in the symbol GLA...
laurenshane... Rate it 14-Aug-09 09:52 am  
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Gladstone Capital Corporation (GLAD)

Chart for Gladstone Capital Corporation (GLAD)
On Dec 24: 7.59 Down 0.20 (2.57%)
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