Scott Closes Out Another Position for a 33.9% Gain
Quick review of recent trades:
Monday: Scott closed out his position in Franklin Square KKR Capital Corp. (FSK). He also opened a new position in Golub Capital Corp. (GBDC).
Tuesday: Scott increases his new position in GBDC.
Wednesday: Scott closes one of his older positions as it reaches 52-week highs. This resulted in a weighted-average return of 33.9%. These shares were initially purchased on 3/13/2023. The share price at the moment is about $.03 higher than his execution price.
Scott doesn’t usually trade this frequently. However, the market has been providing some opportunities for recognizing significant gains.
For comparison, he had:
2 trades during August
2 trades during September
3 trades during October
1 trade during November
Scott’s Note reviewing today’s precise trade is included below: