30 DD Update 2014-09-17 (2) | Investors Alley

30 DD Update 2014-09-17 (2)

This morning I added a position in Medley Capital Corp. (NYSE: MCC) to the 30 Day Dividends open positions. MCC closed the day at $12.34, and spend most of the day trading between $12.40 and the close. I will use the $12.40 as the entry value, and set a target of $13.40 for an 8% gain.

MCC will go ex-dividend on about November 20. This trade will be closed out no later than the day before the announced ex-dividend date.

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