Feb. 26 at 6:34 AM
$IGR I'm going to find out soon if IGR drips at a 5% discount. I'm a little concerned because the premium is currently 1.4% and I don't know if it will get to 5% by Friday, probably not, and I don't think it will drip below NAV. Also, they recently filed an N-2. They have completed 6 Rights Offerings (RO) in the past, but this looks like it's an ATM agreement to issue up to 29M shares at NAV or above. This could turn out okay or it could follow the same path
$OXLC did with their recent ATM. I'm in at
$4.66/share for a meager 350 shares and I'm thinking of taking my gain and sitting out for a while as I think the ATM will just move this stock sideways or worse yet, down in the near future. Good luck IGRs.