June 28, 2018. We have been trying to buy HCAPZ but the price kept going up beyond what we were willing to pay. Finally, last Thursday, we gave up and cancelled the orders.
Today the ask is $25.35 and this is actually not a bad price to pay for this business development company paying 6%-especially if you are going to hold long term. But with the markets in turmoil this week. we may see a lower price in the coming weeks.
We are placing a Limit Buy Order at $25.25 for a small number of shares. We are going to watch and may buy at $25.30 or even $25.35 if we don’t get filled at $25.25.
Go to the June 12 post for more information. (The cut and paste function is not working in the blog host and we cannot provide the link..)