Digest the obvious
Everyone is deriving absolutely idiotic conclusions on ACAS.
American Capital's Board of Directors will make a decision on the allocation of the dividend between cash and stock which will be announced at the time of declaration.
They also got approved the possibility of 4 stock splits a year and usually pay a divided each quarter.
1+1+1+1=4.
I see stock dividends in the near future as they restructure their debt covenants.
I hope that the idiots out there are SELL SELL SELL, I'll BUY BUY BUY.
I'll watch the short term gaming on this one. I might sell out and buy in lower. That usually makes sense, right? Thought so.
Fear the Idiots. It makes no sense to run headstrong into a "poorly founded" stampede, cause you're still going to get knocked to the ground like in the Lion King.
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Glen's Musings — AI, investing, and building things. Occasional. Free.

Glen Bradford
Investor · Builder · Writer
MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.
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Read moreDisclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.