Mar. 17 at 3:53 AM
$OXLC I've gone from 4,554 shares in Oct 2025 to 1,294 shares now. Lost a ton of money, but now I'm somewhat diversified. I've got 26k of capital losses of which I can write
$3,000 off this year and 3k/year for the next 8 years +/-, maybe sooner if I can manufacture some capital gains with
$GUT,
$GGT,
$CLM and
$CRF. The 50% dividend reduction was a surprise, and a bit of a shock, but it was probably the right move to give the OX a chance to survive. Is it going to keep dropping? Yes, I believe so. It will open at
$8.14 tomorrow (3/17/26) and may fall to
$7.95 or so, which would be a 30% yield going forward. Sentiment, related to private credit instruments, is in the toilet. I've got an
$11,000 asset that I paid more than
$20,000 for and I'm leaning towards rolling the dice and holding on. You need to make your own decision with your money, but I will remain cautiously optimistic. Wish me luck.
